Description
NSE announces trading of rights entitlements for Lloyds Enterprises Limited effective August 25, 2025 with specific trading and compliance requirements.
Summary
NSE announces the commencement of trading in Rights Entitlements (REs) of Lloyds Enterprises Limited effective August 25, 2025. The REs will trade under symbol LLOYDSE-RE in the Trade to Trade segment with compulsory demat requirement for all investors.
Key Points
- Rights Entitlements trading commences August 25, 2025
- Symbol: LLOYDSE-RE, Series: BE, ISIN: INE080I20017
- Total Rights Entitlements: 254,416,285
- Market lot size: 1
- Trading in Trade to Trade segment with compulsory demat
- Trading members must inform clients about RE characteristics
Regulatory Changes
Implementation of specific trading regulations for Rights Entitlements under NSE Capital Market Trading Regulations Part A, including designated security codes and lot size specifications.
Compliance Requirements
- Trading members must inform clients about RE commencement and ISIN details
- Contract notes must include prominent disclaimer about RE purchase rights
- Clients must be warned that REs are not ordinary shares
- Disclaimer must explain subscription and renunciation requirements
- Unsubscribed/unrenounced REs will lapse after Issue Closing Date
Important Dates
- Trading commencement: August 25, 2025
- Renunciation period: August 25, 2025 to September 2, 2025
- Suspension date: September 3, 2025
- Circular effective date: August 25, 2025
Impact Assessment
Medium impact on Lloyds Enterprises Limited shareholders who can trade their rights entitlements during the specified period. Trading members must implement additional compliance measures including client notifications and disclaimer requirements in contract notes.
Impact Justification
Rights entitlements trading affects specific company shareholders with defined trading period and compliance requirements