20 Jul 2021, 09:30 AM

Rights Entitlements listing in July 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 July:
Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Megasoft Ltd MEGA-RE INE933B20012 July 22 July 30 Aug 05

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