12 Jun 2021, 06:30 PM
Rights Entitlements listing in June 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 June:
|Company||Rights Entitlement (RE)||ISIN||RE Listing date||RE Last trading date||Last date to apply for rights shares|
|Vikas Ecotech||VECO-RE||INE806A20012||June 15||June 23||June 29|
|Aplab Ltd||APLAB-RE||INE273A20015||June 17||June 25||July 01|
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.