Description
Delphi World Money Limited has set a record date of October 14, 2025 for a rights issue offering 23 equity shares for every 49 shares held at Rs. 191 per share.
Summary
Delphi World Money Limited (BSE Code: 533452) has fixed October 14, 2025 as the record date for its rights issue. The company is offering 23 equity shares of Rs. 10 face value each at a premium of Rs. 181 per share (total issue price Rs. 191) for every 49 equity shares held. Trading in the company’s shares will be conducted on an ex-rights basis from October 14, 2025 (Settlement No. DR-735/2025-2026).
Key Points
- Rights ratio: 23 new equity shares for every 49 existing shares held
- Face value: Rs. 10 per equity share
- Premium: Rs. 181 per share
- Total issue price: Rs. 191 per share
- Payment terms: Entire issue price payable at the time of application
- Trading basis: Ex-rights from record date
- BSE scrip code: 533452
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must ensure all transactions in Delphi World Money Limited shares are conducted on an ex-rights basis from October 14, 2025
- Eligible shareholders must pay the full issue price of Rs. 191 per share at the time of application
- Trading members are required to take note of the ex-rights trading arrangement
Important Dates
- Record Date: October 14, 2025
- Ex-Rights Trading Date: October 14, 2025
- Settlement Number: DR-735/2025-2026
- Circular Issue Date: October 09, 2025
Impact Assessment
For Shareholders: Existing shareholders as of the record date will be entitled to subscribe to the rights issue at a ratio of 23:49. The rights shares are priced at Rs. 191, representing a significant premium of Rs. 181 over the face value, which suggests the company values its equity at a premium.
For Trading: From October 14, 2025, all trading in the scrip will occur on an ex-rights basis, meaning buyers will not be entitled to participate in the rights issue. This typically affects the stock price as it adjusts for the value of the rights entitlement.
For Market Operations: The ex-rights adjustment ensures proper settlement and prevents disputes regarding rights entitlement between buyers and sellers during the record date period.
Impact Justification
Standard rights issue notification affecting existing shareholders of Delphi World Money Limited with moderate pricing at Rs. 191 per share