Description

Trading permitted for Rights Entitlements (REs) of Galactico Corporate Services Limited from February 11-17, 2026, with Rights Issue opening February 11-23, 2026.

Summary

BSE has announced that trading in Rights Entitlements (REs) for renunciation of Galactico Corporate Services Limited will commence on February 11, 2026. The Rights Issue will open on February 11, 2026 and close on February 23, 2026. REs will be tradable in dematerialized form only on a T+1 rolling settlement basis with trade-for-trade settlement.

Key Points

  • Rights Entitlements trading period: February 11-17, 2026
  • Rights Issue period: February 11-23, 2026
  • Scrip Code: 751083
  • Scrip ID: GALACT-RE
  • ISIN: INE906Y20010
  • Market Lot: 1
  • Group: R
  • Settlement: T+1 rolling settlement on trade-for-trade basis
  • Trading form: Dematerialized only
  • Unsubscribed/unrenounced REs will lapse after Issue Closing Date

Regulatory Changes

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

Compliance Requirements

  • Trading Members must inform all clients about commencement of REs trading
  • Trading Members must mention the ISIN of the RE in client communications
  • Trading Members must clarify that REs are not ordinary shares
  • Contract notes/bills must include prominent disclaimer stating:
    • Purchase of REs only gives right to participate in Rights Issue by making application with requisite money OR renounce REs before issue closes
    • REs neither subscribed nor renounced before Issue Closing Date will lapse and be extinguished
  • Trading Members must refer to notice 20200305-21 and 20200518-34 for additional details

Important Dates

  • February 9, 2026: Circular issue date
  • February 11, 2026: REs trading begins; Rights Issue opens
  • February 17, 2026: REs trading for renunciation ends
  • February 23, 2026: Rights Issue closes

Impact Assessment

This circular has limited market-wide impact as it pertains to a single company’s rights issue. Impact is confined to:

  • Existing shareholders of Galactico Corporate Services Limited who receive Rights Entitlements
  • Trading Members handling transactions for these shareholders
  • Investors interested in participating in the rights issue

The short 5-day renunciation trading window (Feb 11-17) requires shareholders to act quickly if they wish to renounce their rights. REs that remain unsubscribed and unrenounced will be extinguished after February 23, 2026, representing a permanent loss of value for inactive shareholders.

Impact Justification

Company-specific rights issue notification affecting only Galactico Corporate Services shareholders. Limited market-wide impact as this is a single-company corporate action.