Description
Rights issue announcement for SCOOBEE DAY GARMENTS with record date September 2, 2025 and ex-rights trading effective from same date.
Summary
SCOOBEE DAY GARMENTS (INDIA) LIMITED has announced a rights issue of equity shares with a record date of September 2, 2025. The company’s shares will trade on ex-rights basis from the same date. The rights issue offers 1 equity share for every 3 shares held at Rs. 90 per share (face value Rs. 10 + premium Rs. 80).
Key Points
- Company: SCOOBEE DAY GARMENTS (INDIA) LIMITED (Code: 531234)
- Rights ratio: 1 new share for every 3 existing shares held
- Issue price: Rs. 90 per share (Rs. 10 face value + Rs. 80 premium)
- Full payment required on application
- Dematerialised securities under rolling settlement segment
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must conduct transactions on ex-rights basis from September 2, 2025
- All trading activities must reflect the ex-rights status effective from the specified date
Important Dates
- Record Date: September 2, 2025
- Ex-Rights Trading Date: September 2, 2025
- Settlement Number: DR-706/2025-2026
Impact Assessment
The rights issue will affect existing shareholders who will have the opportunity to subscribe to additional shares at the specified ratio. Trading members must adjust their systems to reflect ex-rights trading from the effective date. The issue provides capital raising opportunity for the company while giving existing shareholders preemptive rights to maintain their proportional ownership.
Impact Justification
Standard rights issue notification affecting trading basis for existing shareholders