Description

Trading in Rights Entitlements (REs) for renunciation of JAINEX AAMCOL LIMITED will commence from December 01, 2025 to December 04, 2025.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of JAINEX AAMCOL LIMITED will be permitted on the Exchange from December 01, 2025 to December 04, 2025. The Rights Issue will open on December 01, 2025 and close on December 09, 2025. Trading will be on T+1 rolling settlement basis with trade-for-trade settlement, and REs will be tradable in dematerialized form only.

Key Points

  • Rights Entitlements trading period: December 01, 2025 to December 04, 2025
  • Scrip Code: 751062
  • Scrip ID: JAINEX-RE
  • ISIN: INE280F20019
  • Market Lot: 1
  • Group: R
  • Settlement: T+1 Rolling Settlement basis on trade-for-trade
  • REs tradable in dematerialized form only
  • Trading members must inform clients and include disclaimers in contract notes
  • Unsubscribed or unrenounced REs will lapse after Issue Closing Date

Regulatory Changes

No new regulatory changes. This circular follows existing framework for Rights Entitlements trading as per notices dated March 05, 2020 (notice no. 20200305-21) and May 18, 2020 (notice no. 20200518-34).

Compliance Requirements

Trading Members must:

  • Inform all clients about commencement of trading in REs
  • Clearly mention the ISIN of the RE (INE280F20019)
  • Ensure clients do not mistake REs for ordinary shares
  • Include prominent disclaimer in contract notes/bills containing purchase of REs
  • Inform clients that REs only give right to participate in Rights Issue by making application with requisite money or to renounce before issue closes
  • Advise clients that unsubscribed/unrenounced REs will lapse and be extinguished after Issue Closing Date
  • Refer to previous notices (20200305-21 and 20200518-34) for further details

Important Dates

  • RE Trading Start Date: Monday, December 01, 2025
  • RE Trading End Date: Thursday, December 04, 2025
  • Rights Issue Opening Date: December 01, 2025
  • Rights Issue Closing Date: December 09, 2025
  • Settlement Basis: T+1 Rolling Settlement

Impact Assessment

Market Impact: Low to Medium - Limited to shareholders of JAINEX AAMCOL LIMITED only. Affects shareholders who wish to renounce their rights entitlements during the specified 4-day trading window.

Operational Impact: Medium - Trading members need to ensure proper client communication, contract note disclaimers, and awareness of the short trading period (4 days) for renunciation. Trade-for-trade settlement requires specific handling.

Investor Impact: Medium - Shareholders have limited window (December 01-04, 2025) to trade REs and broader window (December 01-09, 2025) to subscribe to the Rights Issue. Failure to act will result in lapse of entitlements.

Impact Justification

Company-specific rights issue affecting only JAINEX AAMCOL LIMITED shareholders with defined trading period for renunciation