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NOTICES
Notice No.   20210318-8   Notice Date   18 Mar 2021
Category   Company related   Segment   Equity
Subject   Rights Entitlements of Emerald Leasing Finance & Investment Company Ltd.
 
Content

 

 

Trading Members of the Exchange are hereby informed that dealings in the Rights Entitlements (REs) for Renunciation of Emerald Leasing Finance & Investment Company Ltd. are permitted on the Exchange with effect from Monday, March 22, 2021. The details of Rights Entitlements (REs) are as under:  

 

Name of the Company

Emerald Leasing Finance & Investment Company Ltd.

Type of Security

Rights?Entitlements (REs)

Trading period for Renunciation?of 

Rights Entitlements (REs) 

From March 22, 2021 to April 1, 2021

Scrip Code

750658

Scrip ID

EMERALD-RE

ISIN No.

INE030Q20015

Market Lot? 

1

Group

R

 

Please Note that the Rights Issue of Emerald Leasing Finance & Investment Company Ltd. (Equity Shares) will open on March 22, 2021 and will close on April 5, 2021.

 

Trading Members are further requested to note that Rights?Entitlements (REs)for?Renunciation shall be settled on T+2 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.

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.

 

 

             

 

Nitinkumar Pujari 

Senior Manager