Description

Trading in Rights Entitlements (REs) for KRISHIVAL FOODS LIMITED permitted from December 26, 2025 to December 31, 2025, with rights issue open until January 5, 2026.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of KRISHIVAL FOODS LIMITED will commence from December 26, 2025. The rights entitlements will be tradable in dematerialized form only on a T+1 rolling settlement basis with trade-for-trade settlement. The rights issue opens on December 26, 2025 and closes on January 5, 2026.

Key Points

  • Rights Entitlements trading permitted from Friday, December 26, 2025 to Wednesday, December 31, 2025
  • Scrip Code: 751069, Scrip ID: KRISHFL-RE, ISIN: INE0GGO20015
  • Market Lot: 1, Group: R
  • Settlement on T+1 Rolling Settlement basis with trade-for-trade execution
  • Rights Entitlements tradable in dematerialized form only
  • Rights Issue open from December 26, 2025 to January 5, 2026
  • Un-renounced and unsubscribed REs will lapse after issue closing date

Regulatory Changes

No new regulatory changes. This circular follows existing procedures for Rights Entitlements trading as per previous notices dated March 5, 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, mentioning the ISIN (INE0GGO20015)
  • Trading Members must clarify that REs are not ordinary shares of the company
  • Contract notes/bills for purchase of REs must include a prominent disclaimer stating:
    • Purchase of REs only gives right to participate in ongoing rights issue by making application with requisite money OR renounce REs before issue closes
    • REs which are neither subscribed nor renounced on or before Issue Closing Date will lapse and be extinguished
  • Trading Members must refer to previous notices for additional details

Important Dates

  • December 26, 2025: Rights Entitlements trading begins; Rights Issue opens
  • December 31, 2025: Last day for Rights Entitlements renunciation trading
  • January 5, 2026: Rights Issue closes; deadline for subscription or renunciation

Impact Assessment

This circular has medium impact on KRISHIVAL FOODS LIMITED shareholders who wish to trade their rights entitlements. The 6-day renunciation trading window (December 26-31, 2025) provides limited time for shareholders to decide whether to subscribe, renounce, or trade their rights. Trading Members must ensure proper client communication and disclaimer inclusion to prevent confusion between REs and ordinary shares. The T+1 settlement and trade-for-trade basis requires careful attention to settlement timelines. Un-renounced rights will lapse, potentially diluting existing shareholders who fail to act within the specified timeframe.

Impact Justification

Rights entitlements trading affects shareholders of KRISHIVAL FOODS LIMITED with specific trading and settlement procedures during the rights issue period.