Description

BSE announces commencement of trading in Rights Entitlements (REs) for ENBEE TRADE & FINANCE LIMITED effective March 12, 2026, with renunciation trading permitted from March 12 to March 17, 2026.

Summary

BSE has announced that trading in Rights Entitlements (REs) for the renunciation of ENBEE TRADE & FINANCE LIMITED will commence on Thursday, March 12, 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

  • Rights Entitlements (REs) for renunciation of ENBEE TRADE & FINANCE LIMITED are permitted on BSE effective March 12, 2026
  • Scrip Code: 751096, Scrip ID: ENBEE-RE2, ISIN: INE993I20037
  • Market Lot: 1, Group: R
  • Settlement is on T+1 Rolling Settlement basis (trade-for-trade)
  • REs are tradable in dematerialized form only
  • Trading members must inform clients about the ISIN and clarify REs are not ordinary shares
  • Contract notes must include a disclaimer about the nature of REs
  • Unlapsed/unrenounced REs after the Issue Closing Date shall be extinguished

Regulatory Changes

No new regulatory changes introduced. This notice is issued under the framework established by earlier notices: Notice No. 20200305-21 (March 05, 2020) and Notice No. 20200518-34 (May 18, 2020), which govern the trading of Rights Entitlements on BSE.

Compliance Requirements

  • Trading members must notify all clients about the commencement of RE trading, specifying the ISIN (INE993I20037)
  • Trading members must clarify that REs are not ordinary shares of ENBEE TRADE & FINANCE LIMITED
  • Contract notes and bills must prominently include a disclaimer stating that purchasing REs only grants the right to participate in the Rights Issue or renounce the REs before closure
  • Clients must be informed that unsubscribed and unrenounced REs will lapse after the Issue Closing Date

Important Dates

  • RE Trading Period (Renunciation): March 12, 2026 to March 17, 2026
  • Rights Issue Open Date: March 12, 2026
  • Rights Issue Close Date: March 20, 2026
  • Effective Date for RE Trading: March 12, 2026 (Thursday)

Impact Assessment

This circular has a moderate impact limited to trading members and existing shareholders of ENBEE TRADE & FINANCE LIMITED. Shareholders holding rights entitlements may choose to renounce (sell) their REs during the March 12–17 trading window rather than subscribe to the rights issue. The T+1 trade-for-trade settlement mechanism and demat-only trading requirement reduce settlement risk. REs not acted upon by March 20, 2026 will lapse, making timely action critical for rights holders.

Impact Justification

Company-specific rights entitlement trading notice affecting existing shareholders and trading members of ENBEE TRADE & FINANCE LIMITED; limited broader market impact but operationally significant for involved parties.