You cannot disallow deletes and expect rename to work, as explained below.
Windows treats a file renaming operation as a deletion of the file and creation of a new file with the new name. Therefore, you absolutely must have one or both of the following two permissions:
Delete
permission on the file itself, or
Delete Subfolders and Files
permission on the folder that contains the file.
To complete the list, for renaming you require in addition the following permissions:
Write Data
permission on the folder because of the new-file creation
Read Attributes
permission to both the folder and the actual file
Synchronize
permission to both the folder and the actual file
List Directory
permission to the folder.
These permissions allow the rename command to check for the existence of the file and verify that the file's attributes (for example, the Read Only attribute) don't prevent the rename.
You mean add/edit/delete files inside the folder, but not delete the folder itself? – Xen2050 – 2014-12-23T10:19:43.560
No add files/folders in to folder but not able to delete anything from it. – Jishnu U Nair – 2014-12-23T10:20:53.547
http://www.thesysadminhimself.com/2012/12/deny-deleting-folder-on-windows.html – w͏̢in̡͢g͘̕ed̨p̢͟a͞n͏͏t̡͜͝he̸r̴ – 2014-12-23T10:37:42.127