Description
Record date fixed for rights issue of 3 equity shares for every 4 shares held at Rs. 82 per share.
Summary
NEW DELHI TELEVISION LIMITED (BSE Code: 532529) has announced a rights issue with record date of September 12, 2025. Shareholders will receive 3 equity shares for every 4 shares held at an issue price of Rs. 82 per share.
Key Points
- Rights issue ratio: 3 new equity shares for every 4 existing shares held
- Face value: Rs. 4 per share
- Premium: Rs. 78 per share
- Total issue price: Rs. 82 per share (payable in full at application)
- Record date: September 12, 2025
- Ex-rights trading begins: September 12, 2025
- Settlement number: DR-714/2025-2026
Regulatory Changes
Trading in NEW DELHI TELEVISION LIMITED shares will be conducted on ex-rights basis from September 12, 2025.
Compliance Requirements
- Trading members must ensure all transactions are conducted on ex-rights basis from the specified date
- Full issue price of Rs. 82 per share must be paid at the time of application
- Trading members are required to take note of the ex-rights trading arrangements
Important Dates
- Record Date: September 12, 2025
- Ex-Rights Trading Date: September 12, 2025
- Settlement: DR-714/2025-2026
Impact Assessment
Existing shareholders of NEW DELHI TELEVISION LIMITED will have the opportunity to subscribe to additional shares at the rights price. The ex-rights trading mechanism ensures proper price adjustment for the rights entitlement in the market.
Impact Justification
Rights issue affects existing shareholders with specific record date and ex-rights trading requirements