Description

BSE announces trading of Rights Entitlements (REs) 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 Settlement basis
  • Trade-for-trade settlement
  • Tradable in dematerialized form only

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 only 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

Moderate impact limited to Indian Infotech and Software Limited shareholders. Provides liquidity mechanism for rights entitlements during the brief 3-day trading window. Shareholders can monetize their rights through renunciation if they choose not to subscribe to the rights issue.

Impact Justification

Affects shareholders of specific company for rights issue participation