Description

Trading in Rights Entitlements (REs) for renunciation of Krishival Foods Limited commences from December 26, 2025 to December 31, 2025, with the Rights Issue opening from December 26, 2025 to January 5, 2026.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of Krishival Foods Limited will be permitted on the exchange from December 26, 2025 to December 31, 2025. The Rights Issue will open on December 26, 2025 and close on January 5, 2026. REs will be settled on T+1 rolling settlement basis on a trade-for-trade basis and are tradable only in dematerialized form.

Key Points

  • Rights Entitlements trading permitted for Krishival Foods Limited
  • Scrip Code: 751069, Scrip ID: KRISHFL-RE, ISIN: INE0GGO20015
  • Market Lot: 1, Group: R
  • Settlement on T+1 rolling settlement basis
  • Trade-for-trade settlement applicable
  • REs tradable only in dematerialized form
  • Trading members must inform clients about RE purchase implications
  • Disclaimer required in contract notes for RE purchases
  • Unsubscribed and unrenounced REs will lapse after issue closing date

Regulatory Changes

No new regulatory changes introduced. Trading members are requested to refer to previous notices: notice no. 20200305-21 dated March 5, 2020 and notice no. 20200518-34 dated May 18, 2020 for detailed guidelines on Rights Entitlements trading.

Compliance Requirements

  • Trading members must inform all clients about commencement of trading in REs
  • Must mention the ISIN of the RE (INE0GGO20015) to clients
  • Must clarify that REs shall not be mistaken for ordinary shares
  • Must include prominent disclaimer in contract notes/bills containing RE purchases
  • Disclaimer must inform clients that:
    • Purchase of REs only gives right to participate in the ongoing Rights Issue
    • Participation requires application with requisite application money or renunciation before issue closes
    • REs neither subscribed nor renounced will lapse and be extinguished after issue closing date

Important Dates

  • December 26, 2025: Rights Entitlements trading period begins
  • December 26, 2025: Rights Issue opens
  • December 31, 2025: Rights Entitlements trading period ends
  • January 5, 2026: Rights Issue closes
  • Settlement: T+1 rolling settlement basis

Impact Assessment

This circular has medium impact on shareholders of Krishival Foods Limited who hold rights entitlements. Shareholders can trade their REs during the 6-day renunciation period (December 26-31, 2025) if they choose not to subscribe to the rights issue. The trade-for-trade settlement and dematerialized form requirement ensures transparent and tracked transactions. Trading members must ensure proper client communication to avoid confusion between REs and ordinary shares, and to prevent unintentional lapse of entitlements due to lack of action before the January 5, 2026 deadline.

Impact Justification

Medium importance as it affects shareholders of Krishival Foods Limited who hold rights entitlements and wish to trade or renounce them during the specified period. Impact is medium as it pertains to a specific company's rights issue with defined trading period.