Description

Record date fixed for rights issue offering 13 equity shares for every 12 shares held at Rs. 30 per share.

Summary

Vineet Laboratories Limited (Scrip Code: 543298) has announced a rights issue of equity shares with the record date set for December 23, 2025. Existing shareholders will be entitled to subscribe to 13 new equity shares of Rs. 10 face value each for every 12 shares held, at an issue price of Rs. 30 per share (including premium of Rs. 20). Trading in the company’s shares will be on ex-rights basis from December 23, 2025.

Key Points

  • Company: Vineet Laboratories Limited (Scrip Code: 543298)
  • Rights ratio: 13 equity shares for every 12 shares held
  • Face value: Rs. 10 per share
  • Premium: Rs. 20 per share
  • Issue price: Rs. 30 per share
  • Full issue price payable on application
  • Ex-rights trading effective from December 23, 2025
  • Settlement number: DR-783/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for rights issue in compliance with BSE listing requirements.

Compliance Requirements

  • Trading members must execute all transactions in Vineet Laboratories shares on ex-rights basis from December 23, 2025
  • Trading members are required to take note of the record date and ex-rights date for proper settlement
  • Shareholders must pay full issue price of Rs. 30 per share at the time of application

Important Dates

  • Record Date: December 23, 2025
  • Ex-Rights Date: December 23, 2025
  • Notice Date: December 18, 2025
  • Settlement Number: DR-783/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders of Vineet Laboratories will have the opportunity to subscribe to additional shares at Rs. 30 per share. The rights ratio of 13:12 represents a significant dilution opportunity for existing shareholders who can increase their stake proportionately.

Market Impact: Trading on ex-rights basis from December 23, 2025 will likely result in price adjustment reflecting the rights entitlement value. Shareholders not participating in the rights issue will see dilution of their holding percentage.

Operational Impact: Trading members must ensure proper handling of ex-rights transactions from the specified date to maintain accurate settlement and entitlement calculations.

Impact Justification

Rights issue affects existing shareholders of Vineet Laboratories with specific entitlement ratio and pricing, requiring action by record date.