<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:circular="https://rhnvrm.github.io/stock-market-circulars/ns"><channel><title>538860 - Stock Market Circulars</title><link>https://rhnvrm.github.io/stock-market-circulars/tags/538860/</link><description>Regulatory circulars from NSE, BSE, and SEBI with AI-powered summaries</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Mon, 13 Apr 2026 00:00:00 +0000</lastBuildDate><atom:link href="https://rhnvrm.github.io/stock-market-circulars/tags/538860/feed.xml" rel="self" type="application/rss+xml"/><item><title>Rights Issue of Equity Shares of Panafic Industrials Ltd - Record Date 17 April 2026</title><link>https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-13-5f0dfb29ee29be14-rights-issue-of-equity-shares-of-panafic-industrials-ltd/</link><pubDate>Mon, 13 Apr 2026 13:25:14 +0000</pubDate><guid>https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-13-5f0dfb29ee29be14-rights-issue-of-equity-shares-of-panafic-industrials-ltd/</guid><description>BSE notifies trading members that Panafic Industrials Ltd has fixed 17 April 2026 as the record date for a rights issue, offering 5 equity shares of Rs.1/- each at par for every 1 equity share held. Trading in the company's shares must be conducted on an ex-rights basis from 17 April 2026.</description><circular:source>bse</circular:source><circular:category>listing</circular:category><circular:impact>medium</circular:impact><circular:severity>medium</circular:severity><circular:importance>medium</circular:importance><circular:id>5f0dfb29ee29be14</circular:id><circular:pdfUrl>https://www.bseindia.com/downloads/UploadDocs/Notices/20260413-35/20260413-35.pdf</circular:pdfUrl><circular:stock>538860</circular:stock><category>rights-issue</category><category>corporate-actions</category><category>equity-shares</category><category>ex-rights</category><category>record-date</category><category>listing-operations</category><category>panafic-industrials</category><category>538860</category><content:encoded><![CDATA[<h2 id="summary">Summary</h2>
<p>BSE has informed trading members that Panafic Industrials Ltd (Scrip Code: 538860) has fixed <strong>17 April 2026</strong> as the record date for a Rights Issue of Equity Shares. Trading in the company&rsquo;s equity shares must be conducted on an <strong>ex-rights basis</strong> effective from 17 April 2026 under Settlement No. DR-612/2026-2027.</p>
<h2 id="key-points">Key Points</h2>
<ul>
<li>Panafic Industrials Ltd (BSE Code: 538860) has announced a rights issue with record date 17 April 2026</li>
<li>Rights ratio: <strong>5 equity shares for every 1 equity share held</strong></li>
<li>Issue price: Rs. 1/- per share (face value, i.e., at par, for cash)</li>
<li>Ex-rights trading commences: <strong>17 April 2026</strong></li>
<li>Settlement reference: DR-612/2026-2027</li>
<li>Segment: Dematerialised Securities – Rolling Settlement Segment</li>
</ul>
<h2 id="regulatory-changes">Regulatory Changes</h2>
<p>No regulatory framework changes. This is a company-specific corporate action notification issued under BSE&rsquo;s Listing Operations department.</p>
<h2 id="compliance-requirements">Compliance Requirements</h2>
<ul>
<li>Trading members must ensure all transactions in Panafic Industrials Ltd equity shares are executed on an <strong>ex-rights basis</strong> from 17 April 2026 onwards</li>
<li>Members must update client records to reflect the ex-rights adjustment effective from the stated date</li>
</ul>
<h2 id="important-dates">Important Dates</h2>
<table>
  <thead>
      <tr>
          <th>Event</th>
          <th>Date</th>
      </tr>
  </thead>
  <tbody>
      <tr>
          <td>Circular Issue Date</td>
          <td>13 April 2026</td>
      </tr>
      <tr>
          <td>Record Date</td>
          <td>17 April 2026</td>
      </tr>
      <tr>
          <td>Ex-Rights Trading Effective From</td>
          <td>17 April 2026</td>
      </tr>
      <tr>
          <td>Settlement Number</td>
          <td>DR-612/2026-2027</td>
      </tr>
  </tbody>
</table>
<h2 id="impact-assessment">Impact Assessment</h2>
<p>This circular has a <strong>medium impact</strong> limited to existing shareholders of Panafic Industrials Ltd and trading members dealing in the scrip. The rights issue offers a 5:1 entitlement at par (Rs. 1/-), which represents a significant dilution ratio. Shareholders who do not subscribe to the rights issue will face dilution of their holding. Trading members must ensure proper ex-rights adjustments are applied from 17 April 2026. No broader market or systemic impact is expected.</p>
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