Description

BSE announces record date of December 24, 2025 for determining shareholder eligibility to participate in the buyback offer by NECTAR LIFESCIENCES LIMITED.

Summary

BSE has notified trading members that NECTAR LIFESCIENCES LIMITED (Scrip Code: 532649) has fixed December 24, 2025 as the record date for determining shareholder entitlement and eligibility to participate in the company’s buyback offer. The ex-entitlement date will also be December 24, 2025 under settlement number DR-784/2025-2026.

Key Points

  • Record date set for December 24, 2025
  • Purpose: Determine eligible equity shareholders for buyback participation
  • Applicable to dematerialized securities in rolling settlement segment
  • Ex-entitlement trading begins from December 24, 2025
  • Settlement number: DR-784/2025-2026
  • Company scrip code: 532649

Regulatory Changes

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

Compliance Requirements

  • Trading members must take note of the record date and ex-entitlement date
  • Shareholders must hold shares as of the record date (December 24, 2025) to be eligible for buyback participation
  • Shares purchased on or after the ex-entitlement date will not be eligible for the buyback offer

Important Dates

  • Notice Date: December 22, 2025
  • Record Date: December 24, 2025
  • Ex-Entitlement Date: December 24, 2025
  • Settlement Number: DR-784/2025-2026

Impact Assessment

Market Impact: Medium - The buyback offer may create buying interest in NECTAR LIFESCIENCES shares ahead of the record date. The ex-entitlement date being the same as the record date means shareholders need to hold positions by December 23, 2025 close to be eligible.

Shareholder Impact: Shareholders of NECTAR LIFESCIENCES holding shares as of the record date will have the opportunity to participate in the tender offer buyback, potentially providing an exit option at the buyback price.

Trading Impact: Expected increased trading activity and potential price volatility around the record date as investors position themselves for buyback participation eligibility.

Impact Justification

Company-specific buyback announcement affecting only NECTAR LIFESCIENCES shareholders with defined eligibility criteria and dates