Description
NSE announces trading of rights entitlements for Sarveshwar Foods Limited from September 2, 2025 to September 11, 2025.
Summary
NSE notifies the commencement of trading in Rights Entitlements (REs) for Sarveshwar Foods Limited with effect from September 2, 2025. The REs will be traded under symbol SARVES-RE in the Trade to Trade segment with compulsory demat requirement for all investors.
Key Points
- Symbol: SARVES-RE (Sarveshwar Foods Limited-RE)
- ISIN: INE324X20018
- Series: BE
- Total Rights Entitlements: 249,753,464
- Market lot: 1
- Trading in Trade to Trade segment with compulsory demat
Regulatory Changes
- Rights Entitlements admitted to dealings on NSE Capital Market segment
- Specific security codes and lot sizes designated for trading
- Trade to Trade segment classification with demat requirement
Compliance Requirements
- Trading members must inform clients about RE commencement and ISIN details
- Members must clarify REs are not ordinary shares
- Contract notes must include disclaimer about RE purchase rights and obligations
- Clients must be informed about subscription/renunciation requirements
Important Dates
- Trading commencement: September 2, 2025
- Renunciation period: September 2, 2025 to September 11, 2025
- Suspension date: September 12, 2025
- Circular effective date: September 2, 2025
Impact Assessment
Medium impact limited to Sarveshwar Foods Limited shareholders participating in the rights issue. REs provide flexibility for shareholders to either subscribe to the rights issue or renounce their entitlements through market trading. Failure to act results in lapse and extinguishment of rights after issue closing date.
Impact Justification
Medium impact as it affects only shareholders of Sarveshwar Foods Limited for rights issue participation