Description
Trading in Rights Entitlements (REs) for renunciation of ALLCARGO TERMINALS LIMITED permitted from November 24, 2025 to December 03, 2025 with rights issue opening from November 24 to December 09, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of ALLCARGO TERMINALS LIMITED. Trading will be permitted from November 24, 2025 to December 03, 2025, with the Rights Issue opening from November 24, 2025 to December 09, 2025. REs will be settled on T+1 rolling settlement basis on trade-for-trade and are tradable in dematerialized form only.
Key Points
- Rights Entitlements trading permitted for ALLCARGO TERMINALS LIMITED
- Scrip Code: 751057, Scrip ID: ATL-RE, ISIN: INE0NN720012
- Market Lot: 1, Group: R
- Settlement on T+1 rolling settlement basis, trade-for-trade
- REs tradable in dematerialized form only
- Trading members must inform clients with appropriate disclaimers in contract notes
- Unsubscribed or unrenounced REs will lapse after issue closing date
Regulatory Changes
No new regulatory changes introduced. This circular implements existing framework for rights entitlements trading as per previous notices (20200305-21 dated March 05, 2020 and 20200518-34 dated May 18, 2020).
Compliance Requirements
- Trading members must inform all clients about commencement of REs trading
- Must mention the ISIN of the RE (INE0NN720012) to clients
- Must clarify that REs should not be mistaken for ordinary shares
- Must include prominent disclaimer in contract notes/bills for RE purchases informing clients that:
- 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 before issue closing date shall lapse and be extinguished
- 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 24, 2025: Rights Entitlements trading period begins; Rights Issue opens
- December 03, 2025: Rights Entitlements trading period ends
- December 09, 2025: Rights Issue closes
- After December 09, 2025: Unsubscribed/unrenounced REs will lapse and be extinguished
Impact Assessment
Market Impact: Medium - affects shareholders of ALLCARGO TERMINALS LIMITED who hold rights entitlements. Creates secondary market for trading these rights during the 10-day trading window.
Operational Impact: Trading members need to ensure proper client communication, contract note disclosures, and settlement processes for T+1 trade-for-trade settlement in dematerialized form.
Investor Impact: Shareholders have the flexibility to either exercise their rights, renounce them by trading in the market, or let them lapse. The 10-day trading window (Nov 24 - Dec 03) provides liquidity for those who wish to exit, while the rights issue remains open until December 09, 2025.
Impact Justification
Medium importance as it affects shareholders of ALLCARGO TERMINALS LIMITED who may participate in rights issue or trade rights entitlements. Impact limited to specific company's shareholders.