17 Jan 2022, 08:30 AM

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
B.N Rathi Securities BNRSEC-RE INE710D20010 Jan 03 Jan 11 Jan 17
Som Distilleries & Breweries SDBL-RE INE480C20012 Jan 17 Jan 25 Jan 31

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