23 Mar 2021, 08:45 AM
Rights Entitlements listing in March 2021When 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 March:
|Company||Rights Entitlement (RE)||ISIN||RE Listing date||RE Last trading date||Last date to apply for rights shares|
|Patel integrated logistics Ltd||PATINT-RE||INE529D20014||February 26||March 08||March 12|
|Authum Investment and Infrastructure Ltd||AIIL-RE||INE206F20014||March 01||March 09||March 15|
|Arvind fashions||ARVINDFASN-RE||INE955V20021||March 04||March 12||March 18|
|Rajapalayam Mills Ltd||RAJAPLM-RE||INE296E20018||March 15||March 24||March 30|
|Emerald Leasing Finance and Investment Company Ltd||EMERALD-RE||INE030Q20015||March 22||April 01||April 05|
|WeP Solutions Limited||WEPSOLN-RE||INE434B20011||March 24||April 12||April 19|
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.