Description

NSE extends the trading period for Rights Entitlement of Indian Emulsifiers Limited from November 03, 2025 to November 17, 2025, with the Rights Issue closing date extended to November 21, 2025.

Summary

The National Stock Exchange of India has extended the trading period for Rights Entitlement of Indian Emulsifiers Limited (Symbol: IEML-RE, ISIN: INE0RRU01016) at the company’s request. The on-market renunciation date has been extended from November 03, 2025 to November 17, 2025, and the Rights Issue closing date has been extended from November 07, 2025 to November 21, 2025.

Key Points

  • Rights Entitlement trading extended by 14 days for Indian Emulsifiers Limited
  • Original on-market renunciation date: November 03, 2025
  • New on-market renunciation date: November 17, 2025
  • Rights Issue opening date remains unchanged: October 24, 2025
  • Extended to provide additional window for eligible equity shareholders to apply
  • No changes to terms and conditions of Letter of Offer except dates
  • Trading symbol for Rights Entitlement: IEML-RE

Regulatory Changes

No regulatory changes. This is an operational extension pursuant to company request under existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30.

Compliance Requirements

  • Members of NSE are informed to note the revised trading schedule for IEML Rights Entitlement
  • Shareholders wishing to renounce their rights entitlement on the exchange platform must do so by November 17, 2025
  • All Rights Issue applications must be submitted by the extended closing date of November 21, 2025
  • Resultant revision to indicative timeline of post-issue activities will be applicable

Important Dates

  • Issue Opening Date: October 24, 2025 (unchanged)
  • Original Last Date for On Market Renunciation: November 03, 2025
  • Extended Last Date for On Market Renunciation: November 17, 2025
  • Original Issue Closing Date: November 07, 2025
  • Extended Issue Closing Date: November 21, 2025
  • Rights Issue Committee Meeting Date: October 31, 2025 (03:15 PM to 04:00 PM)
  • NSE Circular Date: November 03, 2025
  • Circular Reference Number: NSE/CML/71067 (2125/2025)

Impact Assessment

Market Impact: Medium - The extension provides additional liquidity window for rights entitlement trading, benefiting shareholders who wish to renounce their rights on the exchange platform.

Shareholder Impact: Positive - Eligible shareholders of Indian Emulsifiers Limited receive an additional 14 days to decide whether to subscribe, renounce, or trade their rights entitlement, enhancing participation opportunities.

Operational Impact: The extension requires adjustments to post-issue activity timelines but maintains all other terms of the Letter of Offer unchanged, minimizing operational disruption while maximizing shareholder opportunity.

Impact Justification

Extension provides additional trading window for rights entitlement renunciation, affecting shareholders of Indian Emulsifiers Limited who wish to trade their rights before subscription deadline