Description
BSE announces trading of Rights Entitlements for JOSTS Engineering Company Limited from August 29 to September 3, 2025.
Summary
BSE announces the commencement of trading in Rights Entitlements (REs) for JOSTS Engineering Company Limited. Trading will be permitted from Friday, August 29, 2025 to Wednesday, September 3, 2025, with the Rights Issue opening from August 29 to September 9, 2025.
Key Points
- Rights Entitlements trading for JOSTS Engineering Company Limited begins August 29, 2025
- Trading period: August 29 - September 3, 2025
- Rights Issue period: August 29 - September 9, 2025
- Scrip Code: 751027, ISIN: INE636D20017
- Settlement on T+1 Rolling Settlement basis, trade-for-trade
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes announced. Standard rights entitlements trading procedures apply.
Compliance Requirements
- Trading members must inform clients about RE trading commencement
- Contract notes must include prominent disclaimer about RE purchases
- Members must clarify that REs are not ordinary shares
- REs must be either subscribed with application money or renounced before issue closes
Important Dates
- August 29, 2025: Rights Entitlements trading begins, Rights Issue opens
- September 3, 2025: Rights Entitlements trading ends
- September 9, 2025: Rights Issue closes
- Unsubscribed/unrenounced REs will lapse after issue closing date
Impact Assessment
Medium impact limited to JOSTS Engineering Company shareholders and trading members dealing with rights issues. Standard procedure with established settlement mechanisms. No broader market implications expected.
Impact Justification
Standard rights entitlements trading announcement affecting specific company shareholders