Description
Trading permitted in Rights Entitlements (REs) for renunciation of 3I Infotech Limited from October 07, 2025 to October 20, 2025.
Summary
BSE has announced that trading in Rights Entitlements (REs) for renunciation of 3I INFOTECH LIMITED will commence from October 07, 2025. The REs will be tradable in dematerialized form only on a T+1 rolling settlement basis with trade-for-trade settlement. The Rights Issue opens on October 07, 2025 and closes on October 27, 2025.
Key Points
- Scrip Code: 751041
- Scrip ID: 3IINFO-RE
- ISIN: INE748C20012
- Market Lot: 1
- Group: R
- Trading period for REs: October 07, 2025 to October 20, 2025
- Settlement: T+1 Rolling Settlement on trade-for-trade basis
- REs tradable in dematerialized form only
- Trading members must inform clients that REs are not ordinary shares
- Contract notes must include disclaimer about RE purchase giving right to participate in Rights Issue or renounce
Regulatory Changes
No regulatory changes. This is a standard notification for rights entitlements trading.
Compliance Requirements
- Trading members must inform all clients about commencement of trading in REs
- Trading members must mention the ISIN of the RE (INE748C20012)
- Trading members must clarify that REs shall not be mistaken for ordinary shares
- Contract notes/bills containing purchase of REs must prominently include disclaimer
- Disclaimer must inform clients that purchase of REs gives right to participate in ongoing Rights Issue or renounce before issue closes
- Trading members must refer to notice no. 20200305-21 dated March 05, 2020 and notice no. 20200518-34 dated May 18, 2020
Important Dates
- October 07, 2025: Trading in Rights Entitlements commences; Rights Issue opens
- October 20, 2025: Last day of trading in Rights Entitlements for renunciation
- October 27, 2025: Rights Issue closes
- REs which are neither subscribed nor renounced on or before Issue Closing Date shall lapse and be extinguished
Impact Assessment
Market Impact: Medium - affects shareholders of 3I Infotech Limited who wish to participate in the Rights Issue or renounce their entitlements. The 14-day trading window provides liquidity for shareholders who do not wish to subscribe.
Operational Impact: Medium - trading members need to ensure proper client communication, contract note disclaimers, and settlement processes for RE trades. The T+1 settlement and trade-for-trade basis requires specific operational handling.
Investor Impact: Shareholders have the option to subscribe to the Rights Issue, renounce their REs in the market (October 07-20), or let them lapse. Unexercised REs will be extinguished after October 27, 2025.
Impact Justification
Standard rights entitlements trading notification for existing shareholders with specific trading period and settlement requirements