Enbee Trade & Finance Limited Extends Rights Issue Closing Date to April 10, 2026
Enbee Trade & Finance Limited has extended its Rights Issue closing date from March 27, 2026 to April 10, 2026 through Corrigendum 2. The company is offering up to 120,05,00,007 equity shares at ₹1 per share, aggregating ₹12,005.00 lakhs, in a 21:10 ratio to existing shareholders. The extension also affects the on-market renunciation deadline, moved to April 07, 2026, providing shareholders additional time to participate in the offering.

*this image is generated using AI for illustrative purposes only.
Enbee Trade & Finance Limited has announced a significant extension to its ongoing Rights Issue timeline through Corrigendum 2, providing existing shareholders additional time to participate in the equity offering.
Rights Issue Extension Details
The company has extended the Rights Issue closing date from Friday, March 27, 2026 to Friday, April 10, 2026. This extension also impacts the last date for renunciation through on-market transfer, which has been moved from Monday, March 23, 2026 to Tuesday, April 07, 2026.
| Parameter | Original Date | Extended Date |
|---|---|---|
| Issue Closing Date | March 27, 2026 | April 10, 2026 |
| Last Date for On-Market Renunciation | March 23, 2026 | April 07, 2026 |
| CAF Submission Deadline | March 27, 2026 | April 10, 2026 |
Issue Structure and Terms
The Rights Issue involves the offering of up to 120,05,00,007 fully paid-up equity shares with a face value of ₹1 each. The shares are being offered at an issue price of ₹1 per equity share, which is at par with the face value. The total issue size aggregates up to ₹12,005.00 lakhs on a rights basis.
Existing equity shareholders can subscribe in the ratio of 21 rights equity shares for every 10 fully paid-up equity shares held on the record date of Wednesday, March 04, 2026.
Revised Issue Schedule
The complete revised timeline for the Rights Issue is as follows:
| Milestone | Date |
|---|---|
| Last Date for credit of Rights Entitlements | Thursday, March 05, 2026 |
| Issue Opening Date | Thursday, March 12, 2026 |
| Last date for On Market Renunciation | Tuesday, April 07, 2026 |
| Issue Closing Date | Friday, April 10, 2026 |
| Finalization of Basis of Allotment | Monday, April 13, 2026 |
| Date of Allotment | Monday, April 13, 2026 |
| Date of credit of Rights Equity Shares | Wednesday, April 15, 2026 |
| Date of listing | Thursday, April 16, 2026 |
Regulatory Compliance and Publication
The Corrigendum 2 advertisement has been published in compliance with regulatory requirements across multiple newspapers:
- Financial Express (English - All Editions)
- Janasatta (Hindi - All Editions)
- Navshakti (Marathi - Regional)
The corrigendum was signed by Amarr Narendra Galla, Managing Director (DIN: 07138963), and filed with BSE Limited on March 24, 2026.
Company Background
Enbee Trade & Finance Limited was incorporated on July 24, 1985, as a public limited company under the Companies Act, 1956. The company's registered office is located at B4/C5, God's Gift CHS Ltd, N M Joshi Marg, Lower Parel, Mumbai - 400013, Maharashtra. The company's promoter is Amarr Narendra Galla, and Anshul Bajaj serves as Company Secretary and Compliance Officer.
Eligible shareholders are advised to note that the Board or Rights Issue Committee retains the right to extend the issue period as determined, but not exceeding 30 days from the Issue Opening Date. No withdrawal of applications will be permitted after the Issue Closing Date.
What strategic initiatives will Enbee Trade & Finance pursue with the ₹12,005 crores raised from this rights issue?
How might the extended timeline affect investor sentiment and subscription rates for the rights issue?
Will the company consider further extensions if subscription levels remain below expectations by the April 10 deadline?

































