27 Jan 2022, 06:30 PM
Rights Entitlements listing in January 2022
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 January:
Company | Rights Entitlement (RE) | ISIN | RE Listing date | RE Last trading date | Last date to apply for rights shares |
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B.N Rathi Securities | BNRSEC-RE | INE710D20010 | Jan 03 | Jan 11 | Jan 17 |
Som Distilleries & Breweries | SDBL-RE | INE480C20012 | Jan 17 | Jan 25 | Feb 07 |
Veer Global Infraconstruction | VEERGIL-RE |
INE244W20010 | Jan 31 | Feb 09 | Feb 14 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.