Description

Trading in Rights Entitlements (REs) for renunciation of COVIDH TECHNOLOGIES LIMITED permitted from November 03, 2025 to November 04, 2025.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of COVIDH TECHNOLOGIES LIMITED will commence from Monday, November 03, 2025. The REs will be tradable for two days during the rights issue period, which opens on November 03, 2025 and closes on November 10, 2025. The REs will be settled on T+1 rolling settlement basis and traded on a trade-for-trade basis in dematerialized form only.

Key Points

  • Rights Entitlements (REs) trading permitted for COVIDH TECHNOLOGIES LIMITED
  • Scrip Code: 751052, Scrip ID: COVIDH-RE, ISIN: INE899M20012
  • Market Lot: 1, Group: R
  • Trading period: November 03-04, 2025 (2 days only)
  • Settlement: T+1 rolling settlement on trade-for-trade basis
  • REs tradable in dematerialized form only
  • Trading Members must inform clients and include disclaimers in contract notes
  • Un-subscribed and un-renounced REs will lapse after issue closing date

Regulatory Changes

No regulatory changes. This is a procedural notice for a specific rights issue.

Compliance Requirements

  • Trading Members must inform all clients about the commencement of trading in REs, mentioning the ISIN (INE899M20012)
  • Trading Members must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills for RE purchases must include a prominent disclaimer informing clients that:
    • Purchase of REs only gives the right to participate in the ongoing Rights Issue by making an application with requisite application money
    • REs can be renounced before the issue closes
    • REs neither subscribed nor renounced will lapse and be extinguished after the Issue Closing Date
  • Trading Members should refer to notice no. 20200305-21 dated March 05, 2020 and notice no. 20200518-34 dated May 18, 2020 for further details

Important Dates

  • November 03, 2025: Rights Issue opens; RE trading for renunciation begins
  • November 04, 2025: Last day for RE trading/renunciation
  • November 10, 2025: Rights Issue closes; un-subscribed/un-renounced REs will lapse

Impact Assessment

Market Impact: Limited to shareholders and potential investors of COVIDH TECHNOLOGIES LIMITED. The short two-day trading window for renunciation requires existing shareholders to act quickly if they wish to renounce their rights.

Operational Impact: Trading Members handling COVIDH TECHNOLOGIES stock must ensure proper client communication, contract note disclaimers, and dematerialized settlement processes are in place for the brief trading period.

Investor Impact: Shareholders have a narrow window (2 days) to decide whether to subscribe, renounce, or let their rights lapse. The T+1 settlement and trade-for-trade basis requires careful timing of transactions.

Impact Justification

Stock-specific rights issue with short trading window for renunciation; impacts only shareholders of COVIDH TECHNOLOGIES LIMITED