Description
JAINEX AAMCOL LTD. announces rights issue of 1 equity share for every 2 shares held at Rs. 120 per share (Rs. 10 face value + Rs. 110 premium). Record date: November 20, 2025.
Summary
JAINEX AAMCOL LTD. (BSE Code: 505212) has announced a rights issue offering 1 equity share for every 2 equity shares held by shareholders. The shares will be issued at Rs. 120 per share (face value Rs. 10 plus premium of Rs. 110). The record date for determining eligible shareholders has been set as November 20, 2025, and trading will commence on ex-rights basis from the same date.
Key Points
- Rights ratio: 1 new equity share for every 2 existing equity shares
- Issue price: Rs. 120 per share (Rs. 10 face value + Rs. 110 premium)
- BSE scrip code: 505212
- Trading segment: Dematerialised Securities - Rolling Settlement
- Ex-rights trading effective from settlement number DR-760/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification under existing BSE listing regulations.
Compliance Requirements
- Trading members must ensure all transactions in JAINEX AAMCOL LTD. equity shares are conducted on ex-rights basis from November 20, 2025
- Proper settlement adjustments must be made for settlement number DR-760/2025-2026
- Trading systems should be updated to reflect ex-rights status
Important Dates
- Record Date: November 20, 2025 - Date for determining shareholders eligible for rights entitlement
- Ex-Rights Date: November 20, 2025 - Trading commences on ex-rights basis
- Settlement Number: DR-760/2025-2026
- Circular Date: November 17, 2025
Impact Assessment
Shareholder Impact: Existing shareholders as of the record date will be entitled to subscribe to 1 new share for every 2 shares held. Shareholders who do not participate will face dilution of their ownership percentage.
Market Impact: The stock will trade ex-rights from November 20, 2025, which typically results in a price adjustment reflecting the rights entitlement value. The significant premium of Rs. 110 over face value of Rs. 10 suggests confidence in the company’s valuation.
Liquidity Impact: Rights issues generally increase the total outstanding shares by up to 50% (if fully subscribed), potentially improving market liquidity post-issue.
Trading Impact: Trading members must ensure proper handling of ex-rights transactions to avoid settlement issues. The 1:2 ratio and high premium require careful calculation of entitlements.
Impact Justification
Standard rights issue notification affecting existing shareholders of JAINEX AAMCOL LTD. Medium impact due to dilution potential and subscription requirement for shareholders to maintain ownership percentage.