Mumbai: The Exchange has announced that the Rights Entitlements (REs) for Renunciation of ONESOURCE INDUSTRIES AND VENTURES LIMITED will be available for trading starting Wednesday, April 30, 2025. This trading will last until Friday, May 16, 2025. The REs are linked to the company’s ongoing Rights Issue, which will open on April 30 and close on May 21, 2025.
Key Details of the Trading Period
Company Name: ONESOURCE INDUSTRIES AND VENTURES LIMITED
Type of Security: Rights Entitlements (REs)
Trading Period for Renunciation: April 30, 2025 to May 16, 2025
Scrip Code: 750973
ISIN No.: INE125F20016
Market Lot: 1
Settlement: T+1 Rolling Settlement basis
Group: R
Important Trading Guidelines
Dematerialized Form Only: The Rights Entitlements can only be traded in dematerialized form.
No Confusion with Ordinary Shares: Trading members must clearly inform clients that the REs are not ordinary shares and only offer the right to participate in the Rights Issue or be renounced.
Expiration of Unused REs: REs that are neither subscribed nor renounced before the issue closes will lapse.
Contract Notes and Disclaimers
Trading members are required to include disclaimers in their contract notes, reminding clients that purchasing REs only grants the right to either apply for shares or renounce them within the given timeframe.
Further Reference
For more detailed information, trading members are advised to refer to previous notices, including notice no-20200305-21 (March 5, 2020) and notice no-20200518-34 (May 18, 2020).
