Description
BSE permits trading in Rights Entitlements (REs) for renunciation of Healthcare Global Enterprises Limited from March 11 to March 20, 2026, with the Rights Issue open from March 11 to March 25, 2026.
Summary
BSE has notified trading members that Rights Entitlements (REs) for renunciation of Healthcare Global Enterprises Limited will be available for trading on the Exchange from Wednesday, March 11, 2026. The REs are tradable in dematerialized form only and will be settled on a T+1 rolling settlement basis on a trade-for-trade basis.
Key Points
- Trading in Rights Entitlements (REs) for renunciation permitted from March 11, 2026
- RE trading period: March 11, 2026 to March 20, 2026
- Rights Issue open period: March 11, 2026 to March 25, 2026
- Scrip Code: 751095, Scrip ID: HCG-RE
- ISIN: INE075I20017
- Market Lot: 1, Group: R
- Settlement on T+1 Rolling Settlement basis, trade-for-trade
- REs tradable in dematerialized form only
- REs not subscribed or renounced by the Issue Closing Date shall lapse and be extinguished
Regulatory Changes
No new regulatory changes introduced. This notice is issued in accordance with existing RE trading framework as referenced 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 RE trading, specifying the ISIN (INE075I20017)
- Members must clarify to clients that REs should not be mistaken for ordinary shares of the company
- A prominent disclaimer must be included in contract notes/bills for RE purchases, stating that purchasing REs only confers the right to participate in the Rights Issue or renounce before closing
- Members must communicate that unsubscribed and unrenounced REs will lapse after the Issue Closing Date
Important Dates
| Event | Date |
|---|---|
| RE Trading Commences | Wednesday, March 11, 2026 |
| RE Trading Ends | Friday, March 20, 2026 |
| Rights Issue Opens | March 11, 2026 |
| Rights Issue Closes | March 25, 2026 |
Impact Assessment
This circular has a moderate impact limited to existing shareholders of Healthcare Global Enterprises Limited and trading members facilitating RE transactions. Investors holding entitlements must act before March 20, 2026 to renounce or before March 25, 2026 to subscribe; failure to do either will result in lapse of entitlements. The trade-for-trade settlement mechanism reduces speculative activity in REs.
Impact Justification
Routine rights entitlement trading notice for a single company; relevant primarily to existing shareholders and trading members dealing in Healthcare Global Enterprises Limited.