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20 Apr 2021, 08:25 AM
Rights Entitlements listing in April 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 April:
| Company | Rights Entitlement (RE) | ISIN | RE Listing date | RE Last trading date | Last date to apply for rights shares |
|---|
| 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 |
| India Grid Trust | IGRID-RE | INE219X20010 | April 06 | April 08 | April 16 |
| KDDL Limited | KDDL-RE | INE291D20011 | April 09 | May 03 | May 07 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.