Description
BSE notifies trading members that ENBEE TRADE & FINANCE LTD. has fixed a record date of 04/03/2026 for a rights issue offering 21 new equity shares for every 10 shares held at Re.1/- per share at par.
Summary
BSE has notified trading members that ENBEE TRADE & FINANCE LTD. (Scrip Code: 512441) has fixed its record date for a rights issue. Trades in the company’s equity shares must be conducted on an ex-rights basis from 04/03/2026 under the Rolling Settlement segment.
Key Points
- ENBEE TRADE & FINANCE LTD. (Scrip Code: 512441) has announced a rights issue of equity shares.
- Rights ratio: 21 new equity shares for every 10 equity shares held.
- Issue price: Re. 1/- per share (at par, face value Re. 1/-).
- The full issue price of Re. 1/- per share is payable upfront at the time of application.
- Shares will trade on an ex-rights basis effective 04/03/2026.
- Settlement reference: DR-832/2025-2026.
Regulatory Changes
No new regulatory changes introduced. This circular is a routine corporate action notification under BSE’s existing framework for rights issues in the dematerialised securities rolling settlement segment.
Compliance Requirements
- Trading members must ensure all transactions in ENBEE TRADE & FINANCE LTD. equity shares are executed on an ex-rights basis from 04/03/2026 onwards.
- Members should inform their clients that the entire issue price of Re. 1/- per share is payable at the time of making the rights application.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 26 February 2026 |
| Record Date | 04 March 2026 |
| Ex-Rights Basis Effective From | 04 March 2026 |
| Settlement Number | DR-832/2025-2026 |
Impact Assessment
This is a company-specific corporate action with moderate impact confined to existing shareholders and trading members dealing in ENBEE TRADE & FINANCE LTD. (512441). The rights ratio of 21:10 represents a significant dilution (210% issuance relative to existing holdings), which may exert downward price pressure on the ex-rights date. Shareholders need to evaluate whether to subscribe, renounce, or let rights lapse. The low face value (Re. 1/-) and at-par pricing indicate a minimal cash outlay per right, but the high ratio increases total exposure. Trading members should update their systems to reflect the ex-rights marker from 04/03/2026.
Impact Justification
Company-specific corporate action affecting existing shareholders of ENBEE TRADE & FINANCE LTD. with a defined rights ratio and record date; relevant to trading members for ex-rights adjustments but limited to a single small-cap scrip.