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.