Description

BSE notifies trading members that Rights Entitlements (REs) for renunciation of Hilton Metal Forging Limited will be available for trading from March 06 to March 10, 2026, with the Rights Issue open from March 06 to March 13, 2026.

Summary

BSE has notified trading members that Rights Entitlements (REs) for renunciation of Hilton Metal Forging Limited (Scrip Code: 751094, Scrip ID: HILTON-RE2) will be available for trading on the Exchange with effect from Friday, March 06, 2026. The Rights Issue itself opens on March 06, 2026 and closes on March 13, 2026.

Key Points

  • Rights Entitlements (REs) for renunciation permitted on BSE from March 06, 2026
  • Trading period for REs: March 06, 2026 to March 10, 2026
  • Scrip Code: 751094 | Scrip ID: HILTON-RE2 | ISIN: INE788H20033
  • Market Lot: 1 | Group: R
  • REs settled on T+1 Rolling Settlement basis on a trade-for-trade basis
  • REs are tradable in dematerialized form only
  • REs that are neither subscribed nor renounced by the Issue Closing Date will lapse and be extinguished

Regulatory Changes

No new regulatory changes. This circular follows the established framework for Rights Entitlements trading as outlined in prior notices 20200305-21 (March 05, 2020) and 20200518-34 (May 18, 2020).

Compliance Requirements

  • Trading members must inform all clients about the commencement of trading in REs, specifying the ISIN (INE788H20033), and clarify that REs must not be mistaken for ordinary shares of the company.
  • Trading members must include a prominent disclaimer in contract notes/bills for RE purchases stating that purchasing REs only grants the right to participate in the ongoing Rights Issue or to renounce before the issue closes.
  • Members must ensure clients are aware that unsubscribed and unrenounced REs will lapse after the Issue Closing Date.

Important Dates

  • March 06, 2026: Commencement of trading in Rights Entitlements (REs); Rights Issue opens
  • March 10, 2026: Last day for trading/renunciation of Rights Entitlements
  • March 13, 2026: Rights Issue closes (last date for application with requisite application money)

Impact Assessment

This is a routine company-specific notice of limited broader market impact. It affects existing shareholders of Hilton Metal Forging Limited who may wish to subscribe to or renounce their rights entitlements. Trading members dealing with clients holding shares of this company must ensure proper disclosures and client communication are in place for the brief five-day RE trading window.

Impact Justification

Company-specific rights issue notification affecting existing shareholders and trading members dealing in Hilton Metal Forging Limited; standard RE trading commencement notice with defined settlement rules.