Description
BSE announces trading of Rights Entitlements (REs) for SARVESHWAR FOODS LIMITED from September 02-11, 2025 with rights issue opening September 02-16, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for SARVESHWAR FOODS LIMITED, enabling shareholders to trade their rights to participate in the upcoming rights issue or renounce them in the secondary market.
Key Points
- Rights Entitlements trading period: September 02-11, 2025
- Rights Issue period: September 02-16, 2025
- Scrip Code: 751028, Scrip ID: SARVES-RE
- ISIN: INE324X20018
- Market Lot: 1, Group: R
- Settlement: T+1 Rolling Settlement, trade-for-trade basis
- Trading only in dematerialized form
Regulatory Changes
No new regulatory changes introduced. This follows existing framework for Rights Entitlements trading as per previous notices from March 2020 and May 2020.
Compliance Requirements
- Trading members must inform all clients about commencement of RE trading
- Contract notes must include prominent disclaimer explaining that REs only provide right to participate in rights issue
- Trading members must clarify that REs should not be mistaken for ordinary shares
- Members must refer to notice nos. 20200305-21 and 20200518-34 for detailed guidelines
Important Dates
- RE Trading Start: Tuesday, September 02, 2025
- RE Trading End: Thursday, September 11, 2025
- Rights Issue Opens: September 02, 2025
- Rights Issue Closes: September 16, 2025
- Unexercised REs lapse after Issue Closing Date
Impact Assessment
Medium impact on SARVESHWAR FOODS LIMITED shareholders who can now monetize their rights entitlements through secondary market trading. Trading members need to ensure proper client communication and compliance with disclaimer requirements. Limited broader market impact as this affects only one specific company’s rights issue.
Impact Justification
Affects specific company shareholders and trading members dealing with rights entitlements