Description
BSE permits trading in Rights Entitlements (REs) for ARUNIS ABODE LIMITED from September 3-8, 2025, with Rights Issue opening September 3-11, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for ARUNIS ABODE LIMITED, enabling renunciation trading from September 3-8, 2025. The Rights Issue will be open from September 3-11, 2025, with REs tradable only in dematerialized form on T+1 rolling settlement basis.
Key Points
- Rights Entitlements trading permitted for ARUNIS ABODE LIMITED
- Trading period: September 3-8, 2025 (Wednesday to Monday)
- Rights Issue period: September 3-11, 2025
- Scrip Code: 751029, Scrip ID: ARUNIS-RE
- ISIN: INE377D20018, Market Lot: 1, Group: R
- Settlement on T+1 rolling basis, trade-for-trade
- Dematerialized form only
Regulatory Changes
No new regulatory changes introduced. Existing framework for Rights Entitlements trading applies as per previous notices from March 5, 2020 and May 18, 2020.
Compliance Requirements
- Trading members must inform clients about RE trading commencement
- Contract notes must include prominent disclaimer about RE purchases
- Clients must be informed that REs provide right to participate in Rights Issue or renounce before closure
- Warning that unexercised/unrenounced REs will lapse after Issue Closing Date
- REs must not be mistaken for ordinary shares
Important Dates
- September 3, 2025: Rights Issue opens, RE trading begins
- September 8, 2025: RE trading for renunciation ends
- September 11, 2025: Rights Issue closes
- T+1: Settlement basis for RE trades
Impact Assessment
Medium impact on ARUNIS ABODE shareholders who can trade their rights entitlements during the specified period. Trading members need to ensure proper client communication and documentation. Limited broader market impact as this affects only one company’s rights issue process.
Impact Justification
Company-specific rights issue with defined trading period affects shareholders and trading members