Description

Trading in Rights Entitlements (REs) for renunciation of INDOWIND ENERGY LIMITED permitted on BSE from December 01 to December 04, 2025.

Summary

BSE announces the commencement of trading in Rights Entitlements (REs) for renunciation of INDOWIND ENERGY LIMITED. Trading will be permitted from December 01, 2025 to December 04, 2025 on a T+1 rolling settlement basis. The Rights Issue itself will be open from December 01 to December 09, 2025. REs will be tradable in dematerialized form only and settled on a trade-for-trade basis.

Key Points

  • Rights Entitlements trading period: December 01-04, 2025
  • Scrip Code: 751063, Scrip ID: INDO-RE2
  • ISIN: INE227G20034
  • Market Lot: 1, Group: R
  • REs tradable in demat form only
  • Settlement: T+1 rolling settlement, trade-for-trade basis
  • Trading members must inform clients with disclaimer in contract notes
  • Unsubscribed or unrenounced REs will lapse after Issue Closing Date

Regulatory Changes

No regulatory changes. This is a standard notification for rights entitlements trading as part of a corporate action.

Compliance Requirements

  • Trading members must inform all clients about commencement of trading in REs
  • Must mention the ISIN of the RE (INE227G20034)
  • Must clarify that REs should not be mistaken for ordinary shares
  • Contract notes/bills for purchase of REs must include prominent disclaimer stating:
    • Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite application 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 no. 20200305-21 (March 05, 2020) and notice no. 20200518-34 (May 18, 2020) for further details

Important Dates

  • November 27, 2025: Notice date
  • December 01, 2025: Rights Entitlements trading begins; Rights Issue opens
  • December 04, 2025: Rights Entitlements trading ends
  • December 09, 2025: Rights Issue closes

Impact Assessment

Market Impact: Medium - affects existing shareholders of INDOWIND ENERGY LIMITED who hold rights entitlements and wish to trade them during the renunciation period.

Operational Impact: Trading members need to ensure proper client communication, include mandatory disclaimers in contract notes, and handle T+1 settlement on trade-for-trade basis for this security. The four-day trading window for renunciation provides limited time for shareholders to trade their entitlements before the rights issue closes.

Impact Justification

Affects shareholders and traders of INDOWIND ENERGY LIMITED during a specific trading window for rights entitlements renunciation. Standard corporate action with limited timeframe.