AUTOPRD-RE - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/autoprd-re/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usMon, 13 Apr 2026 00:00:00 +0000Rights Entitlements Trading Notice - Automobile Products of India Limitedhttps://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-13-c6df1eb41cdad1f3-rights-entitlements-of-automobile-products-of-india-limited/Mon, 13 Apr 2026 07:18:28 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-13-c6df1eb41cdad1f3-rights-entitlements-of-automobile-products-of-india-limited/BSE notifies trading members of commencement of dealings in Rights Entitlements (REs) for renunciation of Automobile Products of India Limited, effective April 15, 2026, with trading period from April 15 to April 20, 2026.bsetradingmediummediummediumc6df1eb41cdad1f3https://www.bseindia.com/downloads/UploadDocs/Notices/20260413-2/20260413-2.pdfAUTOPRD-RErights-entitlementsrights-issuerenunciationautomobile-products-of-indiaAUTOPRD-REt1-settlementdematerializedequitySummary

BSE has notified trading members that dealings in Rights Entitlements (REs) for renunciation of Automobile Products of India Limited will commence on the Exchange effective Wednesday, April 15, 2026. The REs are tradable in dematerialized form only and will be settled on a T+1 Rolling Settlement basis on a trade-for-trade basis.

Key Points

  • Rights Entitlements (REs) for renunciation commence trading on April 15, 2026
  • Scrip Code: 751109, Scrip ID: AUTOPRD-RE, ISIN: INE0NY120012
  • Market Lot: 1, Group: R
  • Settlement: T+1 Rolling Settlement on trade-for-trade basis
  • REs are tradable in dematerialized form only
  • Trading members must inform clients that REs are not ordinary shares
  • Contract notes must carry a disclaimer clarifying the nature and purpose of REs
  • Unlapsed (unsubscribed or unrenounced) REs will be extinguished after the Issue Closing Date

Regulatory Changes

No new regulatory changes introduced. This notice operationalizes existing RE trading framework as referenced in notice no. 20200305-21 (March 05, 2020) and notice no. 20200518-34 (May 18, 2020).

Compliance Requirements

  • Trading members must inform all clients about the commencement of RE trading, including the ISIN, and clarify that REs must not be mistaken for ordinary shares
  • Contract notes and bills for RE purchases must prominently include a disclaimer stating that purchasing REs only grants the right to participate in the ongoing Rights Issue or renounce before the issue closes
  • Trading members must ensure REs are traded in dematerialized form only

Important Dates

Event Date
RE Trading Commencement Wednesday, April 15, 2026
RE Trading Period End (Renunciation) Monday, April 20, 2026
Rights Issue Open Date April 15, 2026
Rights Issue Close Date April 23, 2026

Impact Assessment

This notice has a medium impact, confined to existing shareholders of Automobile Products of India Limited and trading members who deal in this scrip. The short trading window (April 15–20, 2026) limits broader market exposure. Investors holding REs who neither subscribe nor renounce by April 23, 2026 will have their entitlements lapse. The trade-for-trade settlement basis reduces speculative trading risk but requires careful monitoring by participants.

]]>