BSE : Rights Entitlements of VISAGAR FINANCIAL SERVICES LTD
January 11, 2023 at 02:30 am EST
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NOTICES
Notice No.
20230111-2
Notice Date
11 Jan 2023
Category
Company related
Segment
Equity
Subject
Rights Entitlements of VISAGAR FINANCIAL SERVICES LTD
Content
Trading Members of the Exchange are hereby informed that dealings in the Rights Entitlements (REs) for Renunciation of VISAGAR FINANCIAL SERVICES LTD are permitted on the Exchange with effect from Thursday, January 12, 2023. The details of Rights Entitlements (REs) are as under: <_o3a_p>
<_o3a_p>
Name of the Company<_o3a_p>
VISAGAR FINANCIAL SERVICES LTD <_o3a_p>
Type of Security <_o3a_p>
Rights Entitlements (REs)<_o3a_p>
Trading period for Renunciation of <_o3a_p>
Rights Entitlements (REs)<_o3a_p>
From January 12, 2023 to January 25, 2023<_o3a_p>
Scrip Code<_o3a_p>
750751<_o3a_p>
Scrip ID<_o3a_p>
VISAGAR-RE<_o3a_p>
ISIN No.<_o3a_p>
INE309H20012<_o3a_p>
Market Lot<_o3a_p>
1 <_o3a_p>
Group<_o3a_p>
R<_o3a_p>
<_o3a_p>
Please note that the Rights Issue of VISAGAR FINANCIAL SERVICES LTD. (Equity Shares) will open on January 12, 2023 and will close on February 02, 2023.<_o3a_p>
Trading Members are further requested to note that Rights Entitlements (REs) for Renunciation shall be settled on T+1 Rolling Settlement basis. The trades shall be settled on trade-for-trade basis. The Rights Entitlements shall be tradable in dematerialized form only. Trading members shall inform all its clients about the commencement of trading in REs mentioning the ISIN of the RE and that the same shall not be mistaken for ordinary shares of the concerned company. Trading members shall include a disclaimer prominently in the contract notes / bill containing purchase of REs informing the Clients that the purchase of REs only gives them the right to participate in the ongoing Rights Issue of the concerned company by making an application with requisite application money or renounce the REs before the issue closes. REs which are neither subscribed by making an application with requisite application money nor renounced, on or before the Issue Closing Date shall lapse and shall be extinguished after the Issue Closing Date.<_o3a_p>
<_o3a_p>
Trading Members are requested to refer the notice no- 20200305-21 dated March 05, 2020 and notice no-20200518-34 dated May 18, 2020 for further details.<_o3a_p>
BSE Ltd. published this content on 11 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2023 07:29:07 UTC.
BSE Limited is an India-based stock exchange company. The Company provides a platform for trading in equity, debt instruments, derivatives, and mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). The Company operates through Stock Exchange Operations segment that facilitates trading in securities and other related ancillary services. It also provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. The Companyâs systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market, and stimulate innovation and competition across all market segments. The Company's subsidiaries include Indian Clearing Corporation Limited, BSE Investments Limited, BSE E-Agricultural Markets Limited, BSE EBIX Insurance Broking Private Limited, BSE Administration and Supervision Limited, among others.