Description

BSE notifies trading members of Rights Entitlements (REs) for renunciation of SHAKTI PRESS LIMITED, with trading period from May 7 to May 13, 2026, settled on T+1 rolling basis.

Summary

BSE has notified trading members that Rights Entitlements (REs) for renunciation of SHAKTI PRESS LIMITED will be available for trading on the Exchange from Thursday, May 07, 2026. The Rights Issue opens on May 07, 2026 and closes on May 18, 2026, while the RE trading window for renunciation runs from May 07 to May 13, 2026.

Key Points

  • Rights Entitlements (REs) for SHAKTI PRESS LIMITED will commence trading on BSE from May 07, 2026
  • Scrip Code: 751113, Scrip ID: SHAKTI-RE, ISIN: INE794C20016
  • Market Lot: 1, Group: R
  • REs will be settled on T+1 Rolling Settlement basis on a 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 follows existing framework established under BSE notice no. 20200305-21 (March 05, 2020) and notice no. 20200518-34 (May 18, 2020) governing trading in Rights Entitlements.

Compliance Requirements

  • Trading members must inform all clients about the commencement of RE trading, specifying the ISIN (INE794C20016)
  • Trading members must clarify to clients that REs should not be mistaken for ordinary shares of SHAKTI PRESS LIMITED
  • A prominent disclaimer must be included in contract notes/bills for RE purchases, stating that purchasing REs only grants the right to participate in the ongoing Rights Issue or renounce the REs before the issue closes
  • Clients must be warned that unsubscribed and unrenounced REs will lapse after the Issue Closing Date

Important Dates

  • May 07, 2026: Commencement of RE trading on BSE; Rights Issue opens
  • May 13, 2026: Last day for trading/renunciation of Rights Entitlements
  • May 18, 2026: Rights Issue closes; unsubscribed/unrenounced REs lapse after this date

Impact Assessment

This notice has a moderate, company-specific impact. Existing shareholders of SHAKTI PRESS LIMITED who received REs can either subscribe to the Rights Issue or renounce their entitlements by selling REs on the exchange between May 07 and May 13, 2026. The T+1 trade-for-trade settlement and mandatory demat form restrict speculative activity. Trading members bear an obligation to clearly communicate RE mechanics and risks to their clients to prevent confusion with ordinary shares.

Impact Justification

Company-specific rights entitlement trading notice affecting shareholders and trading members of SHAKTI PRESS LIMITED; limited to a specific short trading window with standard RE settlement rules.