26 Sep 2021, 12:30 PM

Rights Entitlements listing in September 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 September:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Bannari Amman Spinning Mills Ltd BASML-RE INE186H20014 Sep 20 Sep 28 Oct 04
Praxis Home Retail Ltd PRAXIS-RE INE546Y20014 Sep 21 Sep 30 Oct 05
Asian Granito India Ltd ASIANTILES-RE INE022120019 Sep 23 Oct 01 Oct 07
Kesoram Industries Ltd KESORAMIND-RE IN9087A01017 Sep 27 Oct 06 Oct 11
RPP Infraprojects Ltd RPP-RE INE324L20013 Sep 27 Oct 13 Oct 18
Aruna Hotels Ltd ARUNAHTEL-RE INE957C20019 Sep 29 Oct 08 Oct 13

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