Description
BSE announces trading in Rights Entitlements (REs) for Deep Diamond India Limited from September 9-15, 2025, with Rights Issue opening September 9-19, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of Deep Diamond India Limited. Trading will be permitted from September 9-15, 2025, while the Rights Issue itself opens from September 9-19, 2025.
Key Points
- Rights Entitlements trading period: September 9-15, 2025
- Rights Issue period: September 9-19, 2025
- Scrip Code: 751032, Scrip ID: DEEP-RE
- ISIN: INE005G20018
- Market Lot: 1, Group: R
- Settlement: T+1 Rolling Settlement basis on trade-for-trade
- Trading only in dematerialized form
Regulatory Changes
No new regulatory changes introduced. Existing framework for Rights Entitlements trading applies as per previous notices (20200305-21 and 20200518-34).
Compliance Requirements
- Trading members must inform clients about RE trading commencement and ISIN
- Contract notes must include prominent disclaimer explaining REs are not ordinary shares
- Clients must be informed that REs provide right to participate in Rights Issue or renounce before closure
- Warning that unsubscribed/unrenounced REs will lapse after Issue Closing Date
Important Dates
- September 9, 2025: RE trading begins, Rights Issue opens
- September 15, 2025: RE trading ends
- September 19, 2025: Rights Issue closes
Impact Assessment
Medium impact for existing Deep Diamond India Limited shareholders who can trade their rights entitlements. Trading members need to ensure proper client communication and disclaimer procedures. Limited broader market impact as this affects only one company’s shareholders.
Impact Justification
Rights entitlements trading affects existing shareholders of Deep Diamond India Limited with specific trading and settlement requirements