Description
BSE announces trading of rights entitlements for Indian Infotech and Software Limited from August 6-8, 2025, with rights issue opening August 6-13, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of Indian Infotech and Software Limited. Trading will be permitted from August 6-8, 2025, with the underlying rights issue opening from August 6-13, 2025.
Key Points
- Rights Entitlements trading period: August 6-8, 2025
- Rights Issue period: August 6-13, 2025
- Scrip Code: 751021, Scrip ID: INDINF-RE1
- ISIN: INE300B20022
- Market Lot: 1, Group: R
- Settlement on T+1 rolling basis, trade-for-trade
- Trading only in dematerialized form
Regulatory Changes
No new regulatory changes introduced - existing framework for rights entitlements trading applies.
Compliance Requirements
- Trading members must inform clients about RE trading commencement
- Contract notes must include prominent disclaimer about RE purchases
- Clients must be informed that REs provide right to participate in rights issue or renounce
- Warning that unsubscribed/unrenounced REs will lapse after issue closing date
Important Dates
- August 6, 2025: Rights entitlements trading begins, Rights issue opens
- August 8, 2025: Rights entitlements trading ends
- August 13, 2025: Rights issue closes
Impact Assessment
Medium impact on Indian Infotech and Software Limited shareholders who can trade their rights entitlements during the 3-day trading window. Provides liquidity option for shareholders who may not wish to participate in the rights issue directly.
Impact Justification
Rights entitlements trading affects specific company shareholders and provides trading opportunity during limited period