Description

BSE announces commencement of trading in Rights Entitlements for LLOYDS ENTERPRISES LIMITED from August 25, 2025 to September 2, 2025.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of LLOYDS ENTERPRISES LIMITED. Trading will be permitted from Monday, August 25, 2025 to Tuesday, September 2, 2025, with the Rights Issue opening from August 25, 2025 to September 8, 2025.

Key Points

  • Company: LLOYDS ENTERPRISES LIMITED
  • Scrip Code: 751026
  • Scrip ID: LLOYDSE-RE
  • ISIN: INE080I20017
  • Market Lot: 1
  • Group: R
  • Trading period: August 25, 2025 to September 2, 2025
  • Rights Issue period: August 25, 2025 to September 8, 2025
  • Settlement: T+1 Rolling Settlement basis
  • Trading basis: Trade-for-trade
  • Form: Dematerialized form only

Regulatory Changes

No new regulatory changes introduced. This circular implements existing framework for rights entitlements trading.

Compliance Requirements

  • Trading members must inform all clients about commencement of REs trading
  • Must mention ISIN of the RE and clarify these are not ordinary shares
  • Must include prominent disclaimer in contract notes/bills for RE purchases
  • Disclaimer must inform clients that RE purchase only gives right to participate in rights issue or renounce before issue closes
  • Trading members must refer to previous notices 20200305-21 dated March 5, 2020 and 20200518-34 dated May 18, 2020

Important Dates

  • August 25, 2025: REs trading commencement and Rights Issue opening
  • September 2, 2025: REs trading closure
  • September 8, 2025: Rights Issue closure
  • Post September 8, 2025: Unsubscribed and unrenounced REs will lapse and be extinguished

Impact Assessment

Limited impact to LLOYDS ENTERPRISES LIMITED shareholders and trading members. Provides opportunity for existing shareholders to trade their rights entitlements before the rights issue closes. Standard procedure for rights issues with established settlement and trading mechanisms.

Impact Justification

Company-specific rights entitlements trading with limited market-wide impact