Description
BCC FUBA INDIA LTD has fixed a record date of 11 March 2026 for a rights issue offering 3 equity shares for every 10 held at Rs. 75 per share. Trading in equity shares will be on an ex-rights basis from 11 March 2026.
Summary
BSE has notified trading members that BCC FUBA INDIA LTD (Scrip Code: 517246) has fixed 11 March 2026 as the record date for its rights issue of equity shares. With effect from 11 March 2026, all transactions in the company’s equity shares must be conducted on an ex-rights basis under the Rolling Settlement segment (DR-837/2025-2026).
Key Points
- Company: BCC FUBA INDIA LTD (BSE Code: 517246)
- Rights Ratio: 3 new equity shares for every 10 equity shares held
- Face Value: Rs. 10 per share
- Issue Price: Rs. 75 per share (Rs. 10 face value + Rs. 65 premium)
- Payment Schedule: Rs. 37.50 payable on application; balance Rs. 37.50 payable in not more than two subsequent calls
- Record Date: 11 March 2026
- Ex-Rights Date: 11 March 2026 (Settlement No. DR-837/2025-2026)
- Segment: Dematerialised Securities – Rolling Settlement Segment
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification pursuant to existing BSE listing and settlement regulations governing rights issues.
Compliance Requirements
- Trading members must ensure all transactions in BCC FUBA INDIA LTD equity shares (Code: 517246) are executed on an ex-rights basis from 11 March 2026 onwards.
- Members must communicate the rights issue details and payment terms to their clients holding the scrip.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 09 March 2026 |
| Record Date | 11 March 2026 |
| Ex-Rights Basis Effective From | 11 March 2026 |
| Settlement Number | DR-837/2025-2026 |
Impact Assessment
The rights issue will dilute existing shareholding in BCC FUBA INDIA LTD by up to 30% (3 shares per 10 held). The ex-rights adjustment on 11 March 2026 will affect the share price on the exchange. Existing shareholders who participate in the rights issue will pay Rs. 37.50 upfront on application with the balance due across two calls. Shareholders choosing not to subscribe will see dilution of their equity stake. The impact is limited to existing shareholders and prospective investors in this specific scrip.
Impact Justification
Routine rights issue corporate action for a single company; affects existing shareholders of BCC FUBA INDIA LTD but has no broader market-wide regulatory impact.