Description
ECO HOTELS AND RESORTS LTD has fixed record date of 29/08/2025 for rights issue of equity shares at Rs 15.20 per share.
Summary
ECO HOTELS AND RESORTS LTD (Code: 514402) has fixed the record date for its rights issue of equity shares. Existing shareholders will be entitled to subscribe to new equity shares on a rights basis.
Key Points
- Record date fixed as 29/08/2025
- Rights ratio: 1 equity share for every 4 equity shares held
- Issue price: Rs 15.20 per share (Rs 10 face value + Rs 5.20 premium)
- Ex-rights trading begins from 29/08/2025 (Settlement DR-704/2025-2026)
- Payment structure: Rs 3.80 on application, Rs 11.40 in calls as determined by Board
Regulatory Changes
No regulatory changes. Standard rights issue procedure being followed.
Compliance Requirements
- Trading members must execute transactions on ex-rights basis from 29/08/2025
- All equity share transactions must reflect the rights entitlement adjustment
- Trading members required to note the record date and payment terms
Important Dates
- Record Date: 29/08/2025
- Ex-Rights Date: 29/08/2025
- Settlement Number: DR-704/2025-2026
Impact Assessment
Moderate impact limited to ECO HOTELS AND RESORTS LTD shareholders and trading. Existing shareholders gain subscription rights while share price will adjust for ex-rights trading. Payment in installments provides flexibility for subscribers.
Impact Justification
Rights issue affects existing shareholders and trading patterns but limited to single company