Description

Trading in Rights Entitlements (REs) for renunciation of Ashnisha Industries Limited permitted from October 14, 2025 to October 28, 2025, with Rights Issue opening October 14, 2025 to November 03, 2025.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of Ashnisha Industries Limited will be permitted from Tuesday, October 14, 2025 to Tuesday, October 28, 2025. The Rights Issue will open on October 14, 2025 and close on November 03, 2025. REs will be settled on T+1 rolling settlement basis on a trade-for-trade basis and will be tradable in dematerialized form only.

Key Points

  • Scrip Code: 751044
  • Scrip ID: ASHNI-RE
  • ISIN: INE694W20016
  • Market Lot: 1
  • Group: R
  • Trading period for renunciation: October 14, 2025 to October 28, 2025
  • Rights Issue period: October 14, 2025 to November 03, 2025
  • Settlement: T+1 rolling settlement, trade-for-trade basis
  • Trading form: Dematerialized only
  • REs that are neither subscribed nor renounced before issue closing date will lapse and be extinguished

Regulatory Changes

No regulatory changes. This is a standard rights issue procedure announcement following existing BSE guidelines referenced in notices 20200305-21 (March 05, 2020) and 20200518-34 (May 18, 2020).

Compliance Requirements

  • Trading members must inform all clients about commencement of trading in REs, mentioning the ISIN (INE694W20016)
  • Trading members must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills containing purchase of REs must include a prominent disclaimer informing clients that:
    • Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite application money
    • REs can be renounced before issue closes
    • REs neither subscribed nor renounced before issue closing date will lapse and be extinguished
  • Trading members must refer to notice 20200305-21 dated March 05, 2020 and notice 20200518-34 dated May 18, 2020 for further details

Important Dates

  • October 14, 2025: Trading in REs for renunciation begins; Rights Issue opens
  • October 28, 2025: Trading in REs for renunciation ends
  • November 03, 2025: Rights Issue closes
  • Settlement: T+1 rolling settlement basis

Impact Assessment

This circular has medium impact limited to existing shareholders of Ashnisha Industries Limited who wish to participate in the rights issue or trade their rights entitlements. Trading members handling this security need to ensure proper disclosure and client communication. The trade-for-trade settlement mechanism and dematerialized-only requirement ensures transparency and reduces settlement risk. Shareholders must act within the specified timeframe to either subscribe, renounce, or trade their REs to avoid lapsing of entitlements after November 03, 2025.

Impact Justification

Routine rights issue announcement affecting existing shareholders of Ashnisha Industries Limited with specific trading window and settlement requirements