Description

Trading of Rights Entitlements (REs) for renunciation of TRUSTEDGE CAPITAL LIMITED permitted from October 09, 2025 to October 13, 2025, with Rights Issue opening October 09 to October 16, 2025.

Summary

BSE has notified that trading in Rights Entitlements (REs) for renunciation of TRUSTEDGE CAPITAL LIMITED will commence from Thursday, October 09, 2025. The Rights Issue will be open from October 09, 2025 to October 16, 2025, with RE trading for renunciation available until Monday, October 13, 2025. Trading will be conducted on T+1 rolling settlement basis, trade-for-trade, in dematerialized form only.

Key Points

  • Rights Entitlements trading permitted from October 09, 2025 to October 13, 2025
  • Rights Issue open period: October 09, 2025 to October 16, 2025
  • Scrip Code: 751043, Scrip ID: TRUCAP-RE, ISIN: INE398H20015
  • Market Lot: 1, Group: R
  • Settlement: T+1 Rolling Settlement on trade-for-trade basis
  • Trading only in dematerialized form
  • REs must be subscribed or renounced before Issue Closing Date or they will lapse

Regulatory Changes

No regulatory changes introduced. This circular implements existing framework for Rights Entitlements trading as per previous notices (20200305-21 dated March 05, 2020 and 20200518-34 dated May 18, 2020).

Compliance Requirements

  • Trading Members must inform all clients about commencement of RE trading mentioning the ISIN (INE398H20015)
  • Trading Members must include disclaimer in contract notes/bills for RE purchases stating:
    • Purchase of REs only gives right to participate in Rights Issue or renounce the REs
    • REs shall not be mistaken for ordinary shares
    • Unsubscribed or unrenounced REs will lapse after Issue Closing Date
  • Trading Members must refer to previous notices for additional details

Important Dates

  • October 07, 2025: Notice date
  • October 09, 2025: RE trading for renunciation begins; Rights Issue opens
  • October 13, 2025: RE trading for renunciation ends
  • October 16, 2025: Rights Issue closes

Impact Assessment

This circular has medium impact limited to shareholders of TRUSTEDGE CAPITAL LIMITED. Existing shareholders receive tradable rights entitlements that can be renounced during the specified 5-day window (October 09-13). The short renunciation window requires prompt action from shareholders who wish to trade their entitlements. Unexercised and unrenounced REs will be extinguished after October 16, 2025, making timely decision critical for shareholders.

Impact Justification

Company-specific rights issue affecting TRUSTEDGE CAPITAL LIMITED shareholders with defined trading window for renunciation of rights entitlements