Description
BSE announces trading of Rights Entitlements for Cyber Media (India) Limited from August 18-19, 2025, with Rights Issue opening August 18-29, 2025.
Summary
BSE permits trading in Rights Entitlements (REs) for renunciation of Cyber Media (India) Limited from August 18-19, 2025. The Rights Issue will open from August 18 to August 29, 2025, with specific trading and settlement provisions.
Key Points
- Trading period for Rights Entitlements: August 18-19, 2025
- Rights Issue period: August 18-29, 2025
- Scrip Code: 751025, Scrip ID: CYBER-RE
- ISIN: INE278G20011
- 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. References existing notices 20200305-21 (March 5, 2020) and 20200518-34 (May 18, 2020) for additional guidance.
Compliance Requirements
- Trading members must inform clients about RE trading commencement
- Include ISIN of RE in client communications
- Add disclaimer in contract notes/bills stating REs are not ordinary shares
- Inform clients that REs only provide right to participate in Rights Issue or renounce before closure
- Warn that unsubscribed/unrenounced REs will lapse after Issue Closing Date
Important Dates
- RE Trading Start: Monday, August 18, 2025
- RE Trading End: Tuesday, August 19, 2025
- Rights Issue Opening: August 18, 2025
- Rights Issue Closing: August 29, 2025
Impact Assessment
Medium impact on Cyber Media shareholders who can trade their rights entitlements during the two-day window. Trading members must ensure proper client education and compliance with disclaimer requirements to prevent confusion between REs and ordinary shares.
Impact Justification
Rights entitlement trading affects shareholders and market participants of Cyber Media with specific trading periods and settlement requirements