Description

BSE announces trading of Rights Entitlements (REs) for renunciation of ANNVRRIDHHI VENTURES LIMITED from November 17-20, 2025, with Rights Issue open from November 17-26, 2025.

Summary

BSE has authorized trading in Rights Entitlements (REs) for renunciation of ANNVRRIDHHI VENTURES LIMITED. REs will be tradable from November 17-20, 2025 on a T+1 rolling settlement basis, trade-for-trade. The underlying Rights Issue opens November 17-26, 2025. REs are tradable only in dematerialized form with ISIN INE075K20021.

Key Points

  • Rights Entitlements trading permitted from Monday, November 17, 2025 to Thursday, November 20, 2025
  • Scrip Code: 751056, Scrip ID: ANVRDHI-RE, ISIN: INE075K20021
  • Market Lot: 1, Group: R
  • Settlement basis: T+1 Rolling Settlement, trade-for-trade
  • REs tradable in dematerialized form only
  • Rights Issue opens November 17, 2025 and closes November 26, 2025
  • Trading members must inform clients that REs are not ordinary shares
  • Contract notes must include disclaimer about REs
  • Unsubscribed and unrenounced REs will lapse after Issue Closing Date

Regulatory Changes

No regulatory changes. This is a standard notification for rights entitlements trading under existing BSE framework for rights issues.

Compliance Requirements

  • Trading members must inform all clients about commencement of REs trading and mention the ISIN (INE075K20021)
  • Trading members must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills containing purchase of REs must prominently include disclaimer stating:
    • Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite money OR renounce the REs before issue closes
    • REs neither subscribed nor renounced on or before Issue Closing Date shall lapse and be extinguished
  • Trading members should refer to notice 20200305-21 (March 05, 2020) and notice 20200518-34 (May 18, 2020) for additional details

Important Dates

  • November 13, 2025: Notice date
  • November 17, 2025: REs trading period begins; Rights Issue opens
  • November 20, 2025: REs trading period ends
  • November 26, 2025: Rights Issue closes; last date to subscribe or renounce REs

Impact Assessment

Market Impact: Medium - affects existing shareholders of ANNVRRIDHHI VENTURES LIMITED who hold rights entitlements. Creates short-term trading opportunity for those wishing to renounce their rights.

Operational Impact: Medium - trading members must ensure proper client communication, contract note disclaimers, and settlement processes for T+1 trade-for-trade settlement. Only impacts traders dealing with this specific security.

Investor Impact: Shareholders must decide by November 26, 2025 whether to subscribe to rights issue, renounce REs (tradable November 17-20), or allow REs to lapse. Unexercised REs will be extinguished after closing date.

Impact Justification

Standard rights entitlements trading notification affecting existing shareholders of ANNVRRIDHHI VENTURES LIMITED with defined trading and issue periods