Description
BSE announces trading of Rights Entitlements for LLOYDS ENTERPRISES LIMITED from August 25 to September 02, 2025.
Summary
BSE announces the commencement of trading in Rights Entitlements (REs) for renunciation of LLOYDS ENTERPRISES LIMITED from August 25, 2025 to September 02, 2025. The Rights Issue opens on August 25, 2025 and closes on September 08, 2025.
Key Points
- Rights Entitlements trading begins August 25, 2025
- Trading period: August 25 to September 02, 2025
- Scrip Code: 751026, Scrip ID: LLOYDSE-RE
- ISIN: INE080I20017
- Settlement on T+1 Rolling Settlement basis
- Trade-for-trade settlement
- Dematerialized form only
Regulatory Changes
No regulatory changes introduced. Standard rights entitlements trading framework applies.
Compliance Requirements
- Trading members must inform clients about RE trading commencement
- Contract notes must include disclaimer about RE purchase rights
- Members must clarify that REs are not ordinary shares
- Reference to previous notices 20200305-21 and 20200518-34 for additional details
Important Dates
- August 25, 2025: Rights Issue opens, RE trading begins
- September 02, 2025: RE trading for renunciation ends
- September 08, 2025: Rights Issue closes
- Post Issue Closing: Unsubscribed/unrenounced REs lapse
Impact Assessment
Medium impact on LLOYDS ENTERPRISES shareholders who can trade their rights entitlements during the specified period. Provides liquidity option for rights holders who may not wish to subscribe to the rights issue directly.
Impact Justification
Affects trading of rights entitlements for specific company shareholders