Description
Record date set for rights issue offering 1 equity share for every 3 shares held at Rs. 90 per share.
Summary
SCOOBEE DAY GARMENTS (INDIA) LIMITED has announced a rights issue with record date of September 2, 2025. The company is offering 1 equity share of Rs. 10 face value at a premium of Rs. 80 (total Rs. 90) for every 3 equity shares held by existing shareholders.
Key Points
- Rights issue ratio: 1 new share for every 3 existing shares held
- Issue price: Rs. 90 per share (Rs. 10 face value + Rs. 80 premium)
- Full issue price payable on application
- Ex-rights trading begins from September 2, 2025
- Company code: 531234
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must ensure transactions are done on ex-rights basis from September 2, 2025
- All equity share transactions must reflect the rights entitlement adjustment
Important Dates
- Record Date: September 2, 2025
- Ex-Rights Date: September 2, 2025
- Settlement Number: DR-706/2025-2026
Impact Assessment
The rights issue will affect the trading price and market dynamics of SCOOBEE DAY GARMENTS shares. Existing shareholders will receive rights entitlements, and the stock will trade ex-rights from the record date, typically resulting in a price adjustment to reflect the rights value.
Impact Justification
Rights issue affects existing shareholders' trading and subscription rights