Description

Trading permitted in Rights Entitlements (REs) for renunciation of YUG DECOR LIMITED from January 02, 2026 to January 20, 2026, with Rights Issue opening from January 02 to January 23, 2026.

Summary

BSE has permitted trading in Rights Entitlements (REs) for renunciation of YUG DECOR LIMITED starting January 02, 2026. The REs will be tradable from January 02, 2026 to January 20, 2026, while the Rights Issue itself will remain open from January 02, 2026 to January 23, 2026. The REs will trade under scrip code 751073, scrip ID YUG-RE1, with ISIN INE796W20027 in market lot of 1725 units.

Key Points

  • Rights Entitlements trading commences Friday, January 02, 2026
  • Trading period for renunciation: January 02, 2026 to January 20, 2026
  • Rights Issue open period: January 02, 2026 to January 23, 2026
  • Scrip Code: 751073, Scrip ID: YUG-RE1, ISIN: INE796W20027
  • Market Lot: 1725 units
  • Settlement basis: T+1 Rolling Settlement on trade-for-trade basis
  • REs tradable only in dematerialized form
  • REs that are neither subscribed nor renounced before issue closing date will lapse and be extinguished

Regulatory Changes

No regulatory framework changes. This circular implements existing rights issue procedures for a specific company.

Compliance Requirements

For Trading Members:

  • Inform all clients about commencement of trading in REs
  • Clearly mention the ISIN of the RE (INE796W20027)
  • Ensure clients do not mistake REs for ordinary shares
  • Include prominent disclaimer in contract notes/bills containing purchase of REs
  • Disclaimer must inform clients that:
    • Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite money OR renounce the REs before issue closes
    • REs neither subscribed nor renounced before Issue Closing Date will lapse and be extinguished
  • Refer to previous notices: 20200305-21 (March 05, 2020) and 20200518-34 (May 18, 2020) for additional details

Important Dates

  • December 30, 2025: Notice date
  • January 02, 2026: REs trading commences; Rights Issue opens
  • January 20, 2026: REs trading for renunciation ends
  • January 23, 2026: Rights Issue closes

Impact Assessment

Impact Level: Medium - Company-specific

Affected Parties:

  • Existing shareholders of YUG DECOR LIMITED who receive rights entitlements
  • Trading members facilitating RE transactions
  • Investors interested in participating in the rights issue

Operational Impact: Trading members must update systems to handle RE trading under the specified scrip code and ISIN, ensure proper client communication protocols, and include mandatory disclaimers in contract notes. The 3-week renunciation window provides sufficient time for shareholders to decide on participation or renunciation.

Market Impact: Limited to YUG DECOR LIMITED and its stakeholders. The tradable nature of REs allows shareholders who do not wish to participate to monetize their entitlements through market sales.

Impact Justification

Company-specific rights issue affecting YUG DECOR LIMITED shareholders with tradable rights entitlements; impacts shareholders and trading members dealing with this security