Announced Mon, 16 Mar · 15:49 IST

The Rights Issue Committee in their meeting held today, i.e., Monday March 16, 2026, inter alia, has considered, that the last Date for receipt of applications in the ongoing 'Rights Issue' ....

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Price reaction · full curve 14 horizons · vs prior close
+26.3%1-day move
₹0.38
prior close
₹0.38
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.6+0.0+0.0+2.6+26.3+10.5+10.5+10.5+5.3+5.3+5.3+13.2+2.6-15.8
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AI summary

Enbee Trade & Finance Ltd's Rights Issue Committee has extended the closing date of its ongoing Rights Issue by one week, from Friday, March 20, 2026 to Friday, March 27, 2026. The last date for on-market renunciation of rights entitlements has also been pushed back from March 17, 2026 to March 23, 2026. The revised schedule keeps basis of allotment and credit of shares in late March/early April 2026, with listing expected around April 2, 2026. The extension is within the 30-day limit permitted under SEBI's ICDR Regulations. No change to the size, price, or terms of the issue has been announced.

Likely market impact

Existing eligible shareholders now have additional time to apply for or trade their rights entitlements before the issue closes. A deadline extension can sometimes signal slower subscription, but it is a routine procedural move and does not change the fundamentals of the offer or shareholder value.