23 Mar 2021, 08:45 AM

Rights Entitlements listing in March 2021

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 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.