Description

Trading in Rights Entitlements (REs) for DR Lalchandani Labs Limited commences on February 04, 2026, with renunciation period ending February 17, 2026.

Summary

BSE announces the commencement of trading in Rights Entitlements (REs) for renunciation of DR Lalchandani Labs Limited, effective February 04, 2026. The REs will trade under scrip code 751078 (DLCL-RE) with ISIN INE871Z20013, on a T+1 rolling settlement basis in dematerialized form only. The rights issue opens February 04, 2026 and closes February 20, 2026.

Key Points

  • Rights Entitlements trading permitted from Wednesday, February 04, 2026 to Tuesday, February 17, 2026
  • Scrip Code: 751078, Scrip ID: DLCL-RE, ISIN: INE871Z20013
  • Market Lot: 4000 units, Group: R
  • Settlement on T+1 rolling settlement basis, trade-for-trade
  • Trading in dematerialized form only
  • Rights Issue period: February 04, 2026 to February 20, 2026
  • REs not subscribed or renounced by issue closing date will lapse and be extinguished

Regulatory Changes

No regulatory changes. This is a standard rights entitlements trading notification following established BSE procedures for rights issues.

Compliance Requirements

For Trading Members:

  • Inform all clients about commencement of RE trading, mentioning the ISIN (INE871Z20013)
  • Clarify that REs shall not be mistaken for ordinary shares of the company
  • Include prominent disclaimer in contract notes/bills for RE purchases stating:
    • Purchase of REs only gives right to participate in ongoing Rights Issue by making application with requisite money, or to renounce the REs before issue closes
    • REs neither subscribed nor renounced on or before Issue Closing Date shall lapse and be extinguished
  • Refer to notice no. 20200305-21 dated March 05, 2020 and notice no. 20200518-34 dated May 18, 2020 for further details

Important Dates

  • February 04, 2026: RE trading commences; Rights Issue opens
  • February 17, 2026: RE trading for renunciation ends
  • February 20, 2026: Rights Issue closes
  • Settlement: T+1 rolling settlement basis

Impact Assessment

Market Impact: Medium - affects existing shareholders of DR Lalchandani Labs Limited who wish to trade or renounce their rights entitlements during the 14-day trading window.

Operational Impact: Trading members must ensure proper client communication and disclosure requirements are met, including mandatory disclaimers in contract notes. The trade-for-trade settlement and dematerialized-only requirement necessitates appropriate system configurations.

Investor Impact: Shareholders have the option to trade their rights entitlements in the secondary market during the renunciation period, providing liquidity and flexibility. However, failure to act (subscribe or renounce) by the issue closing date will result in permanent loss of entitlements.

Impact Justification

Standard rights entitlements trading notification affecting shareholders and trading members of DR Lalchandani Labs Limited during the rights issue period