Description
BSE notifies trading members about the commencement of dealings in Rights Entitlements (REs) for renunciation of ENBEE TRADE & FINANCE LIMITED, effective March 12, 2026, with trading permitted from March 12 to March 17, 2026.
Summary
BSE has informed trading members that dealings in Rights Entitlements (REs) for renunciation of ENBEE TRADE & FINANCE LIMITED will be permitted on the Exchange effective Thursday, March 12, 2026. The REs will trade under scrip code 751096 and scrip ID ENBEE-RE2 (ISIN: INE993I20037) on a T+1 rolling settlement basis on a trade-for-trade basis.
Key Points
- Rights Entitlements (REs) for renunciation of ENBEE TRADE & FINANCE LIMITED are permitted for trading from March 12, 2026 to March 17, 2026
- Scrip Code: 751096 | Scrip ID: ENBEE-RE2 | ISIN: INE993I20037
- Market Lot: 1 | Group: R
- Settlement: T+1 Rolling Settlement on trade-for-trade basis
- REs are tradable in dematerialized form only
- Rights Issue open period: March 12, 2026 to March 20, 2026
- REs not subscribed or renounced by the Issue Closing Date will lapse and be extinguished
Regulatory Changes
No new regulatory changes introduced. This notice follows existing framework for Rights Entitlements trading as outlined in earlier 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, mentioning the ISIN (INE993I20037)
- Members must clarify that REs shall not be mistaken for ordinary shares of ENBEE TRADE & FINANCE LIMITED
- Contract notes/bills for purchase of REs must prominently include a disclaimer stating that purchase of REs only gives the right to participate in the ongoing Rights Issue or renounce the REs before issue closes
- Members must ensure clients are aware that unlapsed REs will be extinguished after the Issue Closing Date
Important Dates
- March 12, 2026: Commencement of trading in Rights Entitlements; Rights Issue opens
- March 17, 2026: Last day for trading/renunciation of Rights Entitlements
- March 20, 2026: Rights Issue closes; REs not subscribed or renounced will lapse after this date
Impact Assessment
This circular has a limited, company-specific impact affecting shareholders and trading members dealing in ENBEE TRADE & FINANCE LIMITED. The short trading window (March 12–17, 2026) requires prompt action from eligible shareholders wishing to renounce their rights. Trading members must ensure timely client communication and proper disclaimer inclusion in contract notes to remain compliant. The trade-for-trade and T+1 settlement structure reduces counterparty risk during the renunciation period.
Impact Justification
Company-specific rights entitlement trading notice affecting only ENBEE TRADE & FINANCE LIMITED shareholders and trading members dealing in this scrip. Limited broader market impact.