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30 Mar 2022, 09:30 AM
Rights Entitlements listing in March 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 March:
| Company | Rights Entitlement (RE) | ISIN | RE Listing date | RE Last trading date | Last date to apply for rights shares |
|---|
| Prismx Global Ventures Ltd | PRISMX-RE | INE286N20010 | March 14 | March 22 | March 28 |
| Wockhardt Ltd | WOCKH-RE | INE049B20017 | March 15 | March 16 | March 22 |
| Advik Capital Ltd | ADVIKCA-RE | INE178T20016 | March 21 | April 01 | April 07 |
| Rainbow Foundations Ltd | RAINBOWF-RE | INE230F20014 | March 25 | April 11 | April 18 |
| ASM Technologies Ltd | ASMTEC-RE | INE867C20028 | March 28 | April 06 | April 11 |
| HCP Plastene Bulkpack Ltd | HPBL-RE | INE136C20010 | March 30 | April 06 | April 13 |
| SPV Global Trading Ltd | SPVGLOB-RE | INE177E20010 | March 30 | April 08 | April 13 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.