Description

BSE notifies record date of April 29, 2026 for rights issue by INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED, offering 3 equity shares for every 13 held at Rs.40 per share. Trading will be on ex-rights basis from the same date.

Summary

BSE has notified trading members that INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED (Scrip Code: 533315) has fixed April 29, 2026 as the record date for its rights issue of equity shares. From this date, transactions in the company’s equity shares must be conducted on an ex-rights basis.

Key Points

  • Record Date: April 29, 2026
  • Ex-Rights effective date: April 29, 2026 (Settlement No. DR-620/2026-2027)
  • Rights ratio: 3 (THREE) new equity shares for every 13 (THIRTEEN) equity shares held
  • Face Value: Rs. 10/- per share
  • Premium: Rs. 30/- per share
  • Issue Price: Rs. 40/- per share (fully payable on application)
  • Segment: Equity – Dematerialised Securities, Rolling Settlement

Regulatory Changes

No new regulatory changes are introduced. This is a standard corporate action notice under BSE listing compliance and operations, requiring trading to shift to an ex-rights basis from April 29, 2026.

Compliance Requirements

  • Trading members must ensure all transactions in INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED equity shares (Code: 533315) are executed on an ex-rights basis effective April 29, 2026.
  • Shareholders must apply and pay the full amount of Rs. 40 per share on application to participate in the rights issue.

Important Dates

  • April 24, 2026: BSE circular issued
  • April 29, 2026: Record Date for rights issue eligibility
  • April 29, 2026: Ex-Rights trading commences (Settlement No. DR-620/2026-2027)

Impact Assessment

This notice directly affects existing shareholders of INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED and trading members handling transactions in this scrip. Shareholders on record as of April 29, 2026 are entitled to subscribe to 3 new shares for every 13 shares held at Rs. 40 per share (fully paid on application). The market impact is limited to this single scrip; however, traders should note the ex-rights date to avoid unintentional rights entitlement transfers.

Impact Justification

Routine rights issue notification affecting existing shareholders of INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED; impacts trading members and shareholders of this specific scrip only, with defined record and ex-rights date.