Description
Times Green Energy (India) Limited announces rights issue of 27 equity shares at Rs. 80/- per share for every 40 shares held, with record date October 31, 2025.
Summary
Times Green Energy (India) Limited (BSE Code: 543310) has announced a rights issue offering 27 equity shares of Rs. 10/- each at a premium of Rs. 70/- per share for every 40 equity shares held. The record date is October 31, 2025, and shares will trade on ex-rights basis from the same date.
Key Points
- Issue ratio: 27 equity shares for every 40 shares held
- Face value: Rs. 10/- per share
- Premium: Rs. 70/- per share
- Total issue price: Rs. 80/- per share
- Full amount payable on application
- Ex-rights trading begins October 31, 2025
- Settlement number: DR-747/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must execute transactions in Times Green Energy shares on ex-rights basis from October 31, 2025
- Shareholders must pay full issue price of Rs. 80/- per equity share at time of application
- Shares traded in dematerialized form under rolling settlement segment
Important Dates
- Record Date: October 31, 2025
- Ex-Rights Date: October 31, 2025
- Settlement: DR-747/2025-2026
Impact Assessment
This rights issue provides existing shareholders of Times Green Energy (India) Limited an opportunity to subscribe to additional shares at Rs. 80/- per share. The ex-rights trading adjustment will affect share price discovery from October 31, 2025. Trading members need to ensure proper handling of ex-rights basis transactions to maintain market integrity. The rights entitlement ratio (27:40) indicates a significant capital raise relative to existing equity base.
Impact Justification
Rights issue affects existing shareholders of Times Green Energy with specific entitlement ratio and pricing. Medium impact as it concerns a single company's capital structure change.