Description

Trading in Rights Entitlements (REs) for renunciation of VINEET LABORATORIES LIMITED permitted from January 01, 2026 to January 16, 2026 on T+1 rolling settlement basis.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of VINEET LABORATORIES LIMITED. Trading will be permitted from January 01, 2026 to January 16, 2026 on a T+1 rolling settlement basis. The Rights Issue itself will be open from January 01, 2026 to January 21, 2026. REs will be tradable only in dematerialized form on a trade-for-trade basis.

Key Points

  • Rights Entitlements trading begins January 01, 2026 and ends January 16, 2026
  • Scrip Code: 751072, Scrip ID: VINEET-RE, ISIN: INE505Y20010
  • Market Lot: 1, Group: R
  • Settlement on T+1 rolling settlement basis, trade-for-trade
  • REs tradable only in dematerialized form
  • Rights Issue open period: January 01, 2026 to January 21, 2026
  • Unsubscribed and unrenounced REs will lapse after issue closing date

Regulatory Changes

No new regulatory changes. This circular follows existing framework for rights entitlements trading as outlined in previous notices dated March 05, 2020 (notice no-20200305-21) and May 18, 2020 (notice no-20200518-34).

Compliance Requirements

For Trading Members:

  • Inform all clients about commencement of trading in REs with the specific ISIN (INE505Y20010)
  • Ensure clients understand REs are not ordinary shares of the company
  • Include prominent disclaimer in contract notes/bills for RE purchases stating:
    • Purchase of REs only grants 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 on or before Issue Closing Date will lapse and be extinguished
  • Refer to notice no-20200305-21 dated March 05, 2020 and notice no-20200518-34 dated May 18, 2020 for additional details

Important Dates

  • January 01, 2026: Rights Entitlements trading begins; Rights Issue opens
  • January 16, 2026: Rights Entitlements trading for renunciation ends
  • January 21, 2026: Rights Issue closes
  • After January 21, 2026: Unsubscribed/unrenounced REs will lapse and be extinguished

Impact Assessment

Market Impact: Medium - affects existing shareholders of VINEET LABORATORIES LIMITED who wish to exercise, renounce or trade their rights entitlements.

Operational Impact: Trading members must ensure proper client communication and contract note disclaimers. The 16-day trading window for REs (January 01-16) provides shareholders flexibility to renounce rights before the issue closes on January 21, 2026.

Investor Impact: Shareholders must act within the specified timeframes to either subscribe to the rights issue, renounce their entitlements, or trade them in the market. Failure to act will result in lapse of entitlements after the issue closing date.

Impact Justification

Medium importance as it affects shareholders of VINEET LABORATORIES LIMITED who wish to trade or renounce their rights entitlements during the rights issue period. Standard rights issue procedure with specific trading window.