26 May 2021, 09:00 AM

Rights Entitlements listing in May 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 May:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
KDDL Limited KDDL-RE INE291D20011 April 09 May 03 May 07
Sundaram Finance Holdings SFHL-RE lNE202Z20011 May 06 May 28 June 02
Vikas Lifecare Ltd VLIFE-RE INE161L20019 May 27 June 04 June 10


You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.