Description

BSE announces trading of Rights Entitlements (REs) for INOX WIND LIMITED from August 6-14, 2025, with Rights Issue opening August 6-20, 2025.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for INOX WIND LIMITED. The REs will be available for renunciation trading from August 6-14, 2025, while the actual Rights Issue will remain open from August 6-20, 2025.

Key Points

  • Rights Entitlements trading permitted from Wednesday, August 6, 2025 to Thursday, August 14, 2025
  • Scrip Code: 751022, Scrip ID: INOXWI-RE, ISIN: INE066P20011
  • Market lot size: 1 unit, classified under Group R
  • Settlement on T+1 Rolling Settlement basis with trade-for-trade execution
  • Rights Entitlements tradable only in dematerialized form
  • Rights Issue open period: August 6, 2025 to August 20, 2025

Regulatory Changes

No new regulatory changes introduced. This follows existing BSE framework for Rights Entitlements trading as outlined in previous notices from March 5, 2020 and May 18, 2020.

Compliance Requirements

  • Trading members must inform all clients about REs trading commencement and ISIN details
  • Contract notes must include prominent disclaimer explaining that REs purchase only provides right to participate in Rights Issue
  • Clients must be warned that REs are not ordinary shares of the company
  • Trading members must ensure clients understand subscription or renunciation requirements
  • Unexercised REs will lapse and be extinguished after Issue Closing Date

Important Dates

  • August 6, 2025: Rights Entitlements trading begins; Rights Issue opens
  • August 14, 2025: Rights Entitlements trading ends
  • August 20, 2025: Rights Issue closes
  • Settlement: T+1 basis for all RE trades

Impact Assessment

This announcement affects INOX WIND LIMITED shareholders who can either subscribe to the rights issue or trade their entitlements. The 9-day trading window for REs provides liquidity options for shareholders who may not wish to participate in the rights issue directly. The trade-for-trade settlement ensures proper tracking of ownership transfers.

Impact Justification

Standard rights entitlements trading notification affecting specific company shareholders and traders