Description
Trading permitted in Rights Entitlements for renunciation of DELPHI WORLD MONEY LIMITED from October 27, 2025 to November 03, 2025.
Summary
BSE has announced that trading in Rights Entitlements (REs) for renunciation of DELPHI WORLD MONEY LIMITED will commence from Monday, October 27, 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 itself will be open from October 27, 2025 to November 07, 2025.
Key Points
- Rights Entitlements trading period: October 27, 2025 to November 03, 2025
- Scrip Code: 751050, Scrip ID: DELPH-RE
- ISIN: INE726L20019
- Market Lot: 1, Group: R
- Settlement: T+1 Rolling Settlement on trade-for-trade basis
- Trading allowed in dematerialized form only
- Rights Issue open period: October 27, 2025 to November 07, 2025
- REs that are neither subscribed nor renounced will lapse after issue closing date
Regulatory Changes
No new regulatory changes. This circular follows existing framework for Rights Entitlements trading as outlined in previous notices (20200305-21 dated March 05, 2020 and 20200518-34 dated May 18, 2020).
Compliance Requirements
For Trading Members:
- Inform all clients about commencement of REs trading, mentioning the ISIN (INE726L20019)
- Ensure clients understand that REs are not ordinary shares of the company
- Include prominent disclaimer in contract notes/bills for RE purchases stating:
- Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite money OR renounce the REs
- REs neither subscribed nor renounced before Issue Closing Date will lapse and be extinguished
- Refer to notice no. 20200305-21 (March 05, 2020) and notice no. 20200518-34 (May 18, 2020) for additional details
Important Dates
- October 23, 2025: Notice date
- October 27, 2025:
- REs trading for renunciation begins
- Rights Issue opens
- November 03, 2025: REs trading for renunciation ends
- November 07, 2025: Rights Issue closes
Impact Assessment
Market Impact: Low - This is a company-specific announcement affecting only DELPHI WORLD MONEY LIMITED shareholders and prospective investors.
Operational Impact: Low - Standard rights issue trading process with established settlement mechanisms (T+1, trade-for-trade, demat-only).
Investor Impact: Medium for DELPHI WORLD MONEY LIMITED shareholders - They have the opportunity to trade their rights entitlements during the specified 6-trading-day window or participate in the rights issue. Failure to act will result in lapse of entitlements.
Impact Justification
Company-specific rights issue trading announcement with limited market-wide impact, relevant only to shareholders and potential investors of DELPHI WORLD MONEY LIMITED