Description
BSE announces trading of Rights Entitlements (REs) for ALLCARGO TERMINALS LIMITED from November 24, 2025 to December 03, 2025, with rights issue opening from November 24, 2025 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 Monday, November 24, 2025 to Wednesday, December 03, 2025. The Rights Issue itself will be open from November 24, 2025 to December 09, 2025. REs will be settled on T+1 rolling settlement basis on a trade-for-trade basis and are tradable only in dematerialized form.
Key Points
- Company: ALLCARGO TERMINALS LIMITED
- Scrip Code: 751057
- Scrip ID: ATL-RE
- ISIN Number: INE0NN720012
- Market Lot: 1
- Group: R
- Security Type: Rights Entitlements (REs)
- REs tradable only in dematerialized form
- Settlement: T+1 Rolling Settlement on trade-for-trade basis
- Trading members must inform clients that REs are not ordinary shares
- Contract notes must include disclaimer about RE purchase implications
- Unsubscribed and unrenounced REs will lapse after issue closing date
Regulatory Changes
No new regulatory changes. Trading members are requested to refer to:
- Notice No. 20200305-21 dated March 05, 2020
- Notice No. 20200518-34 dated May 18, 2020
Compliance Requirements
- Trading members must inform all clients about commencement of trading in REs
- Must mention the ISIN of the RE (INE0NN720012) in client communications
- Must clarify that REs are not ordinary shares of the company
- Must include prominent disclaimer in contract notes/bills for RE purchases stating:
- Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite money
- REs can be renounced before issue closes
- REs neither subscribed nor renounced will lapse after Issue Closing Date
Important Dates
- Trading Period for Renunciation: Monday, November 24, 2025 to Wednesday, December 03, 2025
- Rights Issue Opening Date: November 24, 2025
- Rights Issue Closing Date: December 09, 2025
- Notice Date: November 19, 2025
Impact Assessment
Market Impact: Medium - This circular affects ALLCARGO TERMINALS LIMITED shareholders and potential investors interested in participating in the rights issue. The ability to trade REs provides liquidity and flexibility for shareholders who wish to renounce their rights.
Operational Impact: Trading members must ensure proper client communication and include mandatory disclaimers in contract notes. The T+1 settlement and trade-for-trade basis requires operational preparedness.
Investor Impact: Shareholders have the option to either subscribe to the rights issue, renounce their REs through market trading during the specified period, or let them lapse. Unexercised REs will be extinguished after the issue closing date, potentially resulting in dilution for non-participating shareholders.
Impact Justification
Medium importance as it enables trading of rights entitlements for a specific company. Impact is medium, affecting only ALLCARGO TERMINALS shareholders and those interested in participating in the rights issue through secondary market purchase of REs.