Description

NSE notifies commencement of trading of rights entitlements for Rockingdeals Circular Economy Limited on SME EMERGE platform from November 07, 2025 to November 12, 2025.

Summary

NSE has admitted Rights Entitlements (REs) of Rockingdeals Circular Economy Limited for trading on the SME EMERGE platform. Trading will commence from November 07, 2025 and continue until November 12, 2025 for renunciation purposes. The REs will trade under symbol ROCK-RE in the Trade to Trade segment with compulsory demat, involving 2,829,500 rights entitlements with a market lot size of 125.

Key Points

  • Symbol: ROCK-RE (Rockingdeals Circular Economy Limited-RE)
  • Series: ST (Trade to Trade segment)
  • ISIN: INE0PTR20012
  • Total Rights Entitlements: 2,829,500
  • Market Lot Size: 125
  • Trading exclusively in compulsory demat mode for all investors
  • Trading members must inform clients that REs are distinct from ordinary shares
  • Disclaimer required in contract notes explaining RE purchase implications

Regulatory Changes

Admission of new securities pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A for trading of rights entitlements on SME EMERGE platform.

Compliance Requirements

  • Trading members must inform all clients about commencement of RE trading mentioning the ISIN
  • Trading members must clarify that REs shall not be mistaken for ordinary shares
  • Contract notes/bills for RE purchases must prominently include disclaimer stating:
    • Purchase of REs gives right to participate in ongoing Rights Issue by making application with requisite money
    • REs can be renounced before issue closes
    • Unsubscribed and unrenounced REs will lapse and be extinguished after Issue Closing Date

Important Dates

  • Circular Date: November 04, 2025
  • Trading Commencement: November 07, 2025
  • Renunciation Period: November 07, 2025 to November 12, 2025
  • Suspension Date: November 13, 2025
  • Effective Date: November 07, 2025

Impact Assessment

This circular enables existing shareholders of Rockingdeals Circular Economy Limited to trade their rights entitlements during a 5-day window. The Trade to Trade segment classification with compulsory demat ensures delivery-based settlement and eliminates speculative trading. Impact is limited to shareholders and potential investors interested in the rights issue. The short trading window and mandatory disclaimer requirements protect investors by ensuring clear understanding that REs are temporary securities that must be either exercised or renounced before the issue closing date to avoid lapsing.

Impact Justification

Specific to rights issue trading for one SME company with limited trading window of 5 days, impacts only shareholders and potential investors of Rockingdeals Circular Economy Limited