Description

BSE announces trading period 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 authorized trading in Rights Entitlements (REs) for GALACTICO CORPORATE SERVICES LIMITED, enabling shareholders to renounce their rights from February 11-17, 2026. The Rights Issue will remain open from February 11-23, 2026. REs will be settled on T+1 rolling settlement basis, trade-for-trade, and are tradable only in dematerialized form.

Key Points

  • Company: GALACTICO CORPORATE SERVICES LIMITED
  • Scrip Code: 751083
  • Scrip ID: GALACT-RE
  • ISIN: INE906Y20010
  • Market Lot: 1
  • Group: R
  • Settlement: T+1 Rolling Settlement, trade-for-trade basis
  • REs tradable only in dematerialized form
  • Unsubscribed and un-renounced REs will lapse after issue closing date

Regulatory Changes

No regulatory changes. This is a standard operational notice for rights entitlement trading following established BSE procedures.

Compliance Requirements

For Trading Members:

  • Inform all clients about commencement of RE trading with proper ISIN identification
  • Include prominent disclaimer in contract notes/bills for RE purchases clarifying:
    • REs only provide right to participate in Rights Issue or renounce before closure
    • REs are not ordinary shares of the company
    • Un-renounced/unsubscribed REs will lapse after Issue Closing Date
  • Refer to notice 20200305-21 (March 05, 2020) and notice 20200518-34 (May 18, 2020) for additional guidelines

For Investors:

  • REs must be held in demat form for trading
  • Apply with requisite money or renounce before February 23, 2026 to avoid lapse

Important Dates

  • February 9, 2026: Circular issuance date
  • February 11, 2026: RE trading commences; Rights Issue opens
  • February 11-17, 2026: Renunciation trading period for REs
  • February 23, 2026: Rights Issue closes; last date to subscribe or renounce
  • After February 23, 2026: Un-renounced/unsubscribed REs will lapse and be extinguished

Impact Assessment

Market Impact: Low - affects only shareholders and potential investors of GALACTICO CORPORATE SERVICES LIMITED.

Operational Impact: Medium for trading members - requires client communication, disclaimer inclusion in contract notes, and adherence to T+1 settlement procedures for RE trades.

Investor Impact: Medium for existing shareholders - provides opportunity to either participate in rights issue, renounce entitlements for trading, or allow them to lapse. Critical action required within specified timeframes to avoid loss of entitlements.

Impact Justification

Company-specific rights issue affecting only shareholders and potential investors of GALACTICO CORPORATE SERVICES LIMITED. Standard rights entitlement trading procedure with limited market-wide impact.