30 Aug 2021, 10:00 AM
Rights Entitlements listing in August 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 August:
|Company||Rights Entitlement (RE)||ISIN||RE Listing date||RE Last trading date||Last date to apply for rights shares|
|Aruna Hotels Ltd||ARUNAHTEL-RE||INE957C20019||Aug 03||Aug 12||Aug 17|
|Texel Industries Ltd||TEXELIN-RE||INE594V20010||Aug 31||Sep 08||Sep 14|
|Scanpoint Geomatics Ltd||SCANPGEOM-RE||INE967B20010||Aug 30||Sep 07||Sep 13|
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.