Enbee Trade and Finance Approves Massive ₹120 Cr Rights Issue at Re. 1/Share

Enbee Trade and Finance Limited's Board finalized terms for a rights issue of up to 120,05,00,007 fully paid-up equity shares (face value Re. 1 each) aggregating approximately ₹120.05 crore, following BSE in-principle approval on February 24, 2026.

Rights Issue Key Terms

Issue Price: Re. 1 per share (full amount payable on application).

Rights Ratio: 21 Rights Equity Shares for every 10 fully paid-up equity shares held on record date.

Record Date: Wednesday, March 04, 2026.

Schedule:

Opening: March 12, 2026.

RE Trading Closure/On-Market Renunciation: March 17, 2026.

Closing: March 20, 2026 (extendable up to 30 days).

Rights Entitlements (REs): Credited to demat accounts of eligible shareholders via NSDL/CDSL under RE-ISIN (to be announced). Renunciation allowed on-market or off-market; unsubscribed REs lapse.

Capital Structure Impact

Pre-issue paid-up capital: 57,16,66,670 shares (₹57.17 crore).

Post-issue (full subscription): 177,21,66,677 shares (₹177.22 crore).

Source : Equity Bulls

Keywords

EnbeeTradeandFinance FundRaising RightsIssue RecordDate