Salem Erode Investments Limited has announced a record date of September 03, 2026, for its proposed rights issue. This date will be used to determine the names of eligible shareholders entitled to apply for new equity shares. The company has made arrangements with NSDL and CDSL for the credit of rights entitlements in dematerialized form.
Rights Issue Record Date Announced
Salem Erode Investments Limited has officially declared Thursday, September 03, 2026, as the record date for its upcoming rights issue. This crucial date will be utilized to ascertain the names of shareholders who are eligible to participate in the proposed offering of new equity shares.
Shareholder Entitlements and Dematerialization
In line with regulatory requirements, the company has confirmed necessary arrangements with the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL). These arrangements are designed to facilitate the credit of rights entitlements directly into the demat accounts of eligible equity shareholders. The specific ISIN for these rights entitlements is INE894E20010. Shareholders listed on the record date will have their rights entitlements credited to their respective demat accounts prior to the opening of the issue.
The company has also stated that this information is readily available on its official website, www.salemerode.com, for public access and reference.
Source: BSE
