Description
Times Green Energy (India) Limited has fixed Record Date as 31/10/2025 for Rights Issue of 27 Equity Shares at Rs.80/- each (including premium of Rs.70/-) for every 40 Equity Shares held.
Summary
Times Green Energy (India) Limited (BSE Code: 543310) has announced a Rights Issue of Equity Shares with Record Date fixed as 31st October 2025. The company is offering 27 Equity Shares of Rs.10/- each for every 40 Equity Shares held by existing shareholders. The shares will be issued at a price of Rs.80/- per share (including a premium of Rs.70/-). Trading in the company’s shares will be conducted on Ex-Rights basis from 31st October 2025 under settlement number DR-747/2025-2026.
Key Points
- Rights Issue ratio: 27 Equity Shares for every 40 Equity Shares held
- Face value: Rs.10/- per Equity Share
- Premium: Rs.70/- per Equity Share
- Total Issue Price: Rs.80/- per Equity Share
- Full amount payable on application
- BSE Company Code: 543310
- Settlement: Dematerialised securities under rolling settlement segment
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for a Rights Issue.
Compliance Requirements
- Trading Members must ensure all transactions in Times Green Energy (India) Limited equity shares are conducted on Ex-Rights basis from 31st October 2025
- Full payment of Rs.80/- per Equity Share must be made on application by investors
- Trading Members are required to note and implement the ex-rights trading arrangement
Important Dates
- Record Date: 31st October 2025
- Ex-Rights Date: 31st October 2025
- Settlement Number: DR-747/2025-2026
- Circular Notice Date: 28th October 2025
- Notice Number: 20251028-13
Impact Assessment
Market Impact: Medium - Existing shareholders of Times Green Energy (India) Limited will be entitled to subscribe to the Rights Issue. The ex-rights trading from 31st October 2025 may result in price adjustment to reflect the rights entitlement separation.
Shareholder Impact: Existing shareholders holding shares as of the Record Date (31/10/2025) will have the opportunity to subscribe to additional shares at Rs.80/- per share, which includes a significant premium of Rs.70/- over the face value of Rs.10/-.
Trading Impact: Trading Members need to ensure proper marking of trades as ex-rights from the specified date to ensure correct entitlement processing for Rights Issue participants.
Impact Justification
Rights issue with specific record date affects existing shareholders of Times Green Energy. Trading on ex-rights basis from 31/10/2025. Medium impact as it's company-specific corporate action.