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24 Sep 2020, 07:30 AM
Rights Entitlements listing in September 2020
When a company launches a rights issue, eligible shareholders receive Rights Entitlements (RE) in their demat accounts. These REs are not rights shares by themselves and need to be used to apply for the rights shares. The REs will be in the form of temporary demat securities which will lapse if you do not use them to apply for the rights or sell them.
The following REs are listed in the month of September:
| Company | Rights Entitlement (RE) | RE Listing date | RE Last trading date | Last date to apply for rights shares |
|---|
| Rushil Decor Ltd | RUSHIL-RE | September 21 | September 29 | October 05 |
| Deepak Fertilisers | DEEPAKFERT-RE | September 28 | October 7 | October 12 |
| EIH Ltd | EIHOTEL-RE | September 29 | October 8 | October 13 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.