Enbee Trade & Finance Limited has announced an extension of its rights issue closing date, providing additional time for eligible shareholders to participate in the offering. The company filed a corrigendum advertisement with BSE Limited on March 17, 2026, notifying stakeholders of the revised timeline.

Rights Issue Extension Details

The company has extended the rights issue closing date from Friday, March 20, 2026 to Friday, March 27, 2026. This extension affects several key dates in the issue schedule, providing shareholders with additional time to make their investment decisions.

Issue Structure and Terms

The rights issue involves up to 120,05,00,007 fully paid-up equity shares of face value ₹1 each, offered at an issue price of ₹1 per equity share. The total issue size aggregates up to ₹12,005.00 lakhs, assuming full subscription.

Existing equity shareholders can subscribe to the issue 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. The issue price is at par with the face value of the equity shares.

Revised Issue Schedule

The complete revised timeline for the rights issue is as follows:

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 - 400 013, Maharashtra, India.

The company's promoter is Amarr Narendra Galla, who serves as Managing Director. Anshul Bajaj acts as the Company Secretary and Compliance Officer for the rights issue.

Important Notes for Investors

Eligible equity shareholders are advised to ensure that any off-market renunciation transfers are completed such that rights entitlements are credited to demat accounts on or before the issue closing date. The company's board retains the right to extend the issue period as determined, but not exceeding 30 days from the issue opening date.

The corrigendum clarifies that there are no changes to the Letter of Offer, Common Application Form (CAF), or Rights Entitlement Letter dated March 02, 2026, except for the modification in the issue closing date and consequent changes to the post-issue activity timeline.

Enbee Trade & Finance Limited has announced a comprehensive rights issue offering existing shareholders an opportunity to subscribe to additional equity shares. The company, incorporated on July 24, 1985, has filed the necessary documentation with BSE Limited and SEBI for this significant capital raising initiative.

Rights Issue Details

The rights issue encompasses several key parameters that existing shareholders should note:

The issue price of ₹1 per share is set at par with the face value of the equity shares, making it accessible for existing shareholders to participate in the company's capital expansion.

Rights Issue Committee Extends Timeline

The Rights Issue Committee, in its meeting held on March 16, 2026, has decided to extend the rights issue closure date to provide additional time for shareholders to participate. This decision was made pursuant to the delegation of authority from the Board of Directors meeting held on October 08, 2025.

Revised Issue Timeline and Key Dates

The company has announced an updated schedule following the Rights Issue Committee's decision to extend the application period:

The extension is within the applicable regulatory framework and pursuant to Regulation 87 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company's board or rights issue committee retains the right to extend the issue period, though not exceeding 30 days from the issue opening date.

Regulatory Compliance and Documentation

Enbee Trade & Finance Limited has fulfilled its regulatory obligations by publishing pre-issue advertisements in compliance with SEBI ICDR Regulations. The advertisements appeared in three newspapers on March 09, 2026:

• Financial Express (English - All Editions)
• Janasatta (Hindi - All Editions)
• Navshakti (Marathi - Regional)

The company has appointed Cameo Corporate Services Limited as the registrar to the issue, with ICICI Bank Limited serving as the banker to the issue and refund bank. Informerics Valuation and Rating Private Limited has been designated as the monitoring agency.

Application Process and ASBA Requirements

All shareholders desiring to participate in the rights issue must use the Application Supported by Blocked Amount (ASBA) process, as mandated by SEBI regulations. This process requires shareholders to have ASBA-enabled bank accounts with Self Certified Syndicate Banks (SCSBs) prior to making applications.

Eligible equity shareholders holding shares in physical form must provide demat account details to the registrar or company at least two clear working days prior to the issue closing date. Rights entitlements will be credited to shareholders' demat accounts before the issue opening date in dematerialized form only.

Rights Entitlements and Trading

Shareholders can renounce their rights entitlements either through on-market renunciation via the stock exchange's secondary market platform or through off-market transfers during the renunciation period. The rights entitlements have been assigned a separate ISIN: INE993120037, which will remain frozen until the issue opening date and suspended for transfer after the issue closing date.

Eligible equity shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the rights entitlements are credited to the demat accounts of the renouncers on or prior to the issue closing date. Rights entitlements that are neither renounced nor subscribed by the issue closing date will lapse and be extinguished.