Mumbai: The Bombay Stock Exchange (BSE) has announced that Rights Entitlements (REs) of Infibeam Avenues Limited will be available for trading from Thursday, July 3, 2025, to Monday, July 7, 2025.
These REs allow shareholders to either apply for new shares in the Rights Issue or sell their entitlements to someone else during the trading window.
Key Details:
Company Name: Infibeam Avenues Limited
Type: Rights Entitlements (REs)
Trading Code: 751005
Scrip ID: INFIBE-RE
ISIN: INE483S20012
Trading Group: R
Market Lot: 1 share
The Rights Issue itself will remain open from July 3 to July 11, 2025.
These REs will be settled on a T+1 rolling basis (settlement the next day) and traded in a trade-for-trade manner. This means each transaction will be settled individually and cannot be clubbed with other trades.
REs are only available in dematerialized form (in demat accounts) and are not regular company shares. Brokers must inform clients that buying REs gives only the right to apply for shares. Buyers must either apply by paying the required amount or sell the REs before July 11. If not acted upon, the REs will expire and become worthless after the issue closes.
Members should also refer to BSE notices dated March 5, 2020, and May 18, 2020, for more rules and details.
