Description
BSE notifies record date of 25 February 2026 for rights issue by Bhandari Hosiery Exports Ltd, offering 4 new equity shares for every 5 held at Rs. 2.56 per share.
Summary
BSE has notified trading members that Bhandari Hosiery Exports Ltd (Scrip Code: 512608) has fixed 25 February 2026 as the record date for its rights issue of equity shares. Transactions in the company’s equity shares must be conducted on an ex-rights basis effective from 25 February 2026 under settlement DR-828/2025-2026.
Key Points
- Company: Bhandari Hosiery Exports Ltd (BSE Code: 512608)
- Record Date: 25 February 2026
- Rights Entitlement: 4 (four) new equity shares for every 5 (five) equity shares held
- Face Value: Re. 1/- per share
- Issue Price: Rs. 2.56 per share (face value Re. 1/- + premium Re. 1.56)
- Full amount of Rs. 2.56 is payable on application
- Ex-Rights Date: 25 February 2026, Settlement No. DR-828/2025-2026
- Segment: Dematerialised Securities – Rolling Settlement Segment
Regulatory Changes
No new regulatory changes introduced. This circular is a standard corporate action notification under BSE’s listing compliance framework, requiring trading members to apply ex-rights treatment to transactions in the scrip from the specified date.
Compliance Requirements
- Trading members must ensure all transactions in Bhandari Hosiery Exports Ltd equity shares (Code: 512608) are executed on an ex-rights basis with effect from 25 February 2026.
- Members should update their systems to reflect the ex-rights adjustment in line with Settlement No. DR-828/2025-2026.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 23 February 2026 |
| Record Date | 25 February 2026 |
| Ex-Rights Effective Date | 25 February 2026 |
| Settlement No. | DR-828/2025-2026 |
Impact Assessment
The rights issue is a moderate corporate action affecting existing shareholders of Bhandari Hosiery Exports Ltd. The ratio of 4 shares for every 5 held at Rs. 2.56 represents a significant dilutive event for non-participating shareholders. The full issue price being payable on application (no partly paid structure) simplifies the settlement. Market impact is limited to this specific scrip; trading members must be prepared for price adjustment on the ex-rights date (25 February 2026).
Impact Justification
Rights issue directly affects existing shareholders of Bhandari Hosiery Exports Ltd with a near-term record date (25 Feb 2026); trading members must execute transactions on ex-rights basis from that date. Impact is limited to this specific scrip.