Description

Patel Engineering Ltd has fixed December 4, 2025 as the record date for rights issue of 7 equity shares for every 40 shares held at Rs. 27 per share.

Summary

Patel Engineering Ltd (Scrip Code: 531120) has fixed December 4, 2025 as the record date for its rights issue. The company will issue 7 equity shares of Re. 1/- each at a premium of Rs. 26/- per share for every 40 equity shares held. The shares will trade on ex-rights basis from December 4, 2025 (Settlement No. DR-770/2025-2026).

Key Points

  • Rights ratio: 7 equity shares for every 40 shares held (7:40)
  • Issue price: Rs. 27 per share (Face value Re. 1 + Premium Rs. 26)
  • Full amount payable on application
  • Ex-rights trading begins from December 4, 2025
  • Settlement Number: DR-770/2025-2026
  • Segment: Equity - Dematerialised Securities Rolling Settlement

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must ensure transactions in Patel Engineering Ltd shares are executed on ex-rights basis from December 4, 2025
  • Members should note the record date and settlement details for proper trade processing
  • Investors holding shares on the record date will be eligible for rights entitlement

Important Dates

  • Record Date: December 4, 2025
  • Ex-Rights Trading Date: December 4, 2025
  • Settlement Number: DR-770/2025-2026
  • Circular Issue Date: December 2, 2025

Impact Assessment

Market Impact: Moderate. The ex-rights adjustment will affect the stock price from December 4, 2025. Existing shareholders will receive rights entitlements in 7:40 ratio.

Shareholder Impact: Existing shareholders as of record date can subscribe to additional shares at Rs. 27 per share. Full payment required on application. The rights issue provides an opportunity for existing shareholders to increase their stake at a predetermined price.

Operational Impact: Trading members need to ensure proper ex-rights handling in their systems from the specified date to maintain accurate pricing and settlement.

Impact Justification

Rights issue affects existing shareholders of Patel Engineering Ltd who need to be aware of the record date and entitlement ratio for participation