Description

BSE permits trading in Rights Entitlements (REs) for renunciation of Deccan Gold Mines Limited from December 17-22, 2025, with the rights issue open from December 17-26, 2025.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of Deccan Gold Mines Limited will be permitted on the exchange from December 17-22, 2025. The Rights Issue will be open from December 17-26, 2025. REs will be settled on T+1 rolling settlement basis on a trade-for-trade basis and must be in dematerialized form only.

Key Points

  • Rights Entitlements (REs) trading permitted from Wednesday, December 17, 2025 to Monday, December 22, 2025
  • Scrip Code: 751066, Scrip ID: DECNGO-RE, ISIN: INE945F20017
  • 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 about RE commencement and include disclaimers in contract notes
  • Unpurchased or unrenounced REs will lapse and be extinguished after Issue Closing Date

Regulatory Changes

No regulatory framework changes. This is a standard operational notice for rights entitlements trading under existing BSE regulations referenced in notice nos. 20200305-21 (March 05, 2020) and 20200518-34 (May 18, 2020).

Compliance Requirements

  • Trading members must inform all clients about commencement of trading in REs, mentioning the ISIN (INE945F20017)
  • Trading members must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills containing purchase of REs must include prominent disclaimer explaining that:
    • Purchase of REs only gives right to participate in the ongoing Rights Issue by making application with requisite money or renounce REs before issue closes
    • REs neither subscribed nor renounced on/before Issue Closing Date shall lapse and be extinguished
  • Trading members must refer to notice nos. 20200305-21 (dated March 05, 2020) and 20200518-34 (dated May 18, 2020) for additional details

Important Dates

  • December 17, 2025: RE trading period begins; Rights Issue opens
  • December 22, 2025: RE trading period ends
  • December 26, 2025: Rights Issue closes; deadline for subscription or renunciation to avoid lapse

Impact Assessment

This circular has limited market impact as it affects only existing shareholders of Deccan Gold Mines Limited who hold rights entitlements. The announcement follows standard BSE procedures for rights issues and renunciation trading. Shareholders can trade their rights entitlements during the specified 6-day window or participate in the rights issue directly. The T+1 settlement and trade-for-trade basis ensures transparent and timely settlement of RE transactions.

Impact Justification

Company-specific rights entitlements trading announcement affecting only shareholders of Deccan Gold Mines Limited with limited market-wide impact