Description

Rights Entitlements (REs) for DR LALCHANDANI LABS LIMITED will be available for trading and renunciation from February 04, 2026 to February 17, 2026, with the Rights Issue opening from February 04 to February 20, 2026.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for DR LALCHANDANI LABS LIMITED effective February 04, 2026. The REs will be tradable for renunciation from February 04 to February 17, 2026, while the Rights Issue itself will remain open from February 04 to February 20, 2026. Trading will be conducted on a T+1 rolling settlement basis in dematerialized form only, with trade-for-trade settlement.

Key Points

  • Rights Entitlements trading permitted from Wednesday, February 04, 2026
  • Scrip Code: 751078, Scrip ID: DLCL-RE
  • ISIN: INE871Z20013
  • Market Lot: 4000 units
  • Group: R (Rights)
  • Settlement basis: T+1 Rolling Settlement, trade-for-trade
  • REs tradable in dematerialized form only
  • Trading members must inform clients about RE characteristics and include disclaimers in contract notes
  • Unsubscribed or unrenounced REs will lapse after Issue Closing Date

Regulatory Changes

No new regulatory changes introduced. This circular implements existing frameworks for rights entitlements trading as per previous notices (20200305-21 dated March 05, 2020 and 20200518-34 dated May 18, 2020).

Compliance Requirements

  • Trading Members must inform all clients about commencement of RE trading, including the ISIN
  • Trading Members must clarify that REs are not ordinary shares of the company
  • Contract notes/bills for RE purchases must include prominent disclaimers explaining that:
    • Purchase of REs only grants rights to participate in the Rights Issue
    • Participation requires application with requisite application money
    • REs can be renounced before issue closes
    • Unsubscribed/unrenounced REs will lapse after Issue Closing Date
  • Trading Members must refer to earlier BSE notices for detailed procedures

Important Dates

  • February 04, 2026: Rights Issue opens; RE trading for renunciation begins
  • February 17, 2026: Last day for RE trading/renunciation
  • February 20, 2026: Rights Issue closes; unsubscribed REs will lapse and be extinguished after this date

Impact Assessment

This circular has medium impact on shareholders and trading members of DR LALCHANDANI LABS LIMITED. Existing shareholders receive rights entitlements that can be exercised, sold, or allowed to lapse. The 14-day renunciation window (February 04-17) provides adequate time for shareholders to make informed decisions. Trading members must ensure proper client communication and compliance with disclosure requirements to avoid investor confusion between REs and ordinary shares. The trade-for-trade settlement mechanism ensures transparent price discovery for the rights entitlements.

Impact Justification

Standard rights entitlements trading notification affecting shareholders and traders of DR LALCHANDANI LABS LIMITED. Medium impact as it pertains to corporate action requiring timely action by shareholders.