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 notified trading members that Rights Entitlements (REs) for renunciation of ENBEE TRADE & FINANCE LIMITED will be available for trading on the Exchange from Thursday, March 12, 2026. The REs are tradable under Scrip Code 751096 (Scrip ID: ENBEE-RE2) and will be settled on a T+1 rolling settlement basis on a trade-for-trade basis.

Key Points

  • Rights Entitlements (REs) for ENBEE TRADE & FINANCE LIMITED are permitted for trading on BSE effective March 12, 2026
  • Trading period for renunciation: March 12, 2026 to March 17, 2026
  • Rights Issue open period: March 12, 2026 to March 20, 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
  • REs that are neither subscribed nor renounced by the Issue Closing Date will lapse and be extinguished

Regulatory Changes

No new regulatory changes introduced. This notice is issued in accordance with existing frameworks referenced in notice no. 20200305-21 dated March 05, 2020 and notice no. 20200518-34 dated May 18, 2020.

Compliance Requirements

  • Trading members must inform all clients about the commencement of trading in REs, specifying the ISIN (INE993I20037)
  • Trading members must clarify to clients that REs should 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 purchasing REs only grants the right to participate in the Rights Issue or renounce the REs before the issue closes
  • Trading members must ensure clients are aware that unsubscribed and unrenounced REs will lapse after the Issue Closing Date

Important Dates

  • March 12, 2026: Commencement of RE trading; Rights Issue opens
  • March 17, 2026: Last date for trading/renunciation of Rights Entitlements
  • March 20, 2026: Rights Issue closes; unrenounced and unsubscribed REs lapse after this date

Impact Assessment

This circular has a moderate and targeted impact, primarily affecting existing shareholders of ENBEE TRADE & FINANCE LIMITED and trading members handling RE transactions. The T+1 trade-for-trade settlement and demat-only trading requirement are standard for rights entitlement dealings. Trading members must ensure proper client communication and disclaimer inclusion in contract notes to remain compliant. The short trading window (5 days) means prompt action is required from shareholders wishing to renounce their entitlements.

Impact Justification

Routine rights entitlement trading notice for a specific company with defined trading window; relevant primarily to existing shareholders and trading members dealing in ENBEE TRADE & FINANCE LIMITED.