Description

BSE announces trading of Rights Entitlements for ECO HOTELS AND RESORTS LIMITED from September 8-11, 2025 with Rights Issue opening September 8-17, 2025.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of ECO HOTELS AND RESORTS LIMITED effective September 8, 2025. The Rights Issue will be open from September 8-17, 2025, with REs trading period from September 8-11, 2025.

Key Points

  • Rights Entitlements trading begins Monday, September 8, 2025
  • Trading period: September 8-11, 2025 (4 trading days)
  • Rights Issue period: September 8-17, 2025
  • Scrip Code: 751031, Scrip ID: ECOHO-RE
  • ISIN: INE638N20012
  • Market Lot: 1, Group: R
  • Settlement: T+1 Rolling Settlement basis
  • Trading: Trade-for-trade basis in 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 all clients about REs trading commencement
  • Must mention ISIN of RE and clarify these are not ordinary shares
  • Contract notes must include prominent disclaimer explaining:
    • Purchase of REs gives right to participate in Rights Issue
    • Requires application with requisite money or renunciation before issue closes
    • Unsubscribed/unrenounced REs will lapse after Issue Closing Date
  • Must refer to previous notices for detailed guidelines

Important Dates

  • September 8, 2025: Rights Entitlements trading begins & Rights Issue opens
  • September 11, 2025: Last day for REs trading
  • September 17, 2025: Rights Issue closes
  • Settlement: T+1 basis for all trades

Impact Assessment

Medium impact limited to ECO HOTELS AND RESORTS LIMITED shareholders and trading members. Provides shareholders opportunity to trade their rights before issue closure. Standard procedure with established settlement mechanisms. No broader market implications expected.

Impact Justification

Standard rights entitlements trading announcement affecting specific company shareholders