Description

BSE announces trading in Rights Entitlements (REs) for renunciation of ANIRIT VENTURES LIMITED from December 26, 2025 to December 31, 2025, with Rights Issue opening December 26, 2025 to January 5, 2026.

Summary

BSE has announced that Rights Entitlements (REs) for renunciation of ANIRIT VENTURES LIMITED will be available for trading from December 26, 2025 to December 31, 2025. The underlying Rights Issue will be open from December 26, 2025 to January 5, 2026. The 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 ANIRIT VENTURES LIMITED
  • Scrip Code: 751070, Scrip ID: ANIRIT-RE
  • ISIN: INE161F20011
  • Market Lot: 1, Group: R
  • REs tradable only in dematerialized form
  • Settlement on T+1 rolling settlement basis (trade-for-trade)
  • REs give holders the right to participate in the Rights Issue or renounce before issue closes
  • Un-renounced and unsubscribed REs will lapse after the Issue Closing Date

Regulatory Changes

No new regulatory changes. This circular follows existing framework for Rights Entitlements trading as per notices dated March 5, 2020 (20200305-21) and May 18, 2020 (20200518-34).

Compliance Requirements

  • Trading Members must inform all clients about commencement of trading in REs
  • Must mention the ISIN of the RE (INE161F20011)
  • Must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills for RE purchases must prominently include disclaimer stating:
    • Purchase of REs only gives right to participate in Rights Issue by making application with requisite money OR renounce before issue closes
    • REs neither subscribed nor renounced on or before Issue Closing Date will lapse and be extinguished
  • Trading Members must refer to notice nos. 20200305-21 and 20200518-34 for further details

Important Dates

  • December 26, 2025: Trading in REs commences; Rights Issue opens
  • December 31, 2025: Last day for trading in REs for renunciation
  • January 5, 2026: Rights Issue closes
  • Settlement: T+1 rolling settlement basis

Impact Assessment

Market Impact: Low - affects only shareholders and prospective investors of ANIRIT VENTURES LIMITED

Operational Impact: Medium for Trading Members - requires client communication, contract note disclaimers, and adherence to settlement procedures for dematerialized RE trading

Investor Impact: Medium for ANIRIT shareholders - provides 6-day window to trade REs; investors must understand that REs are distinct from ordinary shares and will lapse if not acted upon before January 5, 2026

Impact Justification

Medium importance for ANIRIT shareholders and traders interested in rights entitlements; low overall market impact as it affects only a specific company's rights issue participants.