Description

BSE notifies trading members that Vertex Securities Ltd has fixed 12 March 2026 as the record date for a rights issue, offering 1 equity share for every 1 share held at par value of Rs.2/- per share.

Summary

BSE has informed trading members that Vertex Securities Ltd (BSE Code: 531950) has fixed 12 March 2026 as the record date for its rights issue of equity shares. Transactions in the company’s equity shares must be conducted on an ex-rights basis effective from 12 March 2026 under Settlement No. DR-828/2025-2026.

Key Points

  • Vertex Securities Ltd (Code: 531950) has announced a rights issue with record date 12 March 2026
  • Rights ratio: 1 (one) new equity share for every 1 (one) equity share held
  • Issue price: Rs.2/- per share (face value Rs.2/- each), issued at par (CASH AT PAR)
  • Payment schedule: Rs.0.50 per share on application; Rs.1.50 balance payable in not more than two subsequent calls
  • Ex-rights trading effective from 12 March 2026, Settlement No. DR-828/2025-2026
  • Applicable to dematerialised securities in the Rolling Settlement Segment

Regulatory Changes

No new regulatory changes. This is a routine corporate action notification under BSE’s listing compliance framework.

Compliance Requirements

  • Trading members must ensure all transactions in Vertex Securities Ltd equity shares are executed on an ex-rights basis from 12 March 2026 onwards
  • Members should update their systems to reflect the ex-rights date and settlement number DR-828/2025-2026

Important Dates

  • Record Date: 12 March 2026
  • Ex-Rights Effective Date: 12 March 2026
  • Settlement Number: DR-828/2025-2026
  • Circular Date: 10 March 2026

Impact Assessment

This rights issue is a 1:1 offer at par (Rs.2/- per share), which doubles the share count if fully subscribed. The staggered payment structure (Rs.0.50 on application, Rs.1.50 in up to two calls) reduces immediate capital outflow for shareholders. Impact is limited to existing shareholders of Vertex Securities Ltd and trading members handling related transactions. The ex-rights adjustment will affect the stock’s market price from 12 March 2026.

Impact Justification

Company-specific rights issue affecting existing shareholders of Vertex Securities Ltd; 1:1 ratio at par value. Relevant to shareholders and trading members but limited to a single small-cap company.