26 Sep 2021, 12:30 PM
Rights Entitlements listing in September 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 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.