03 May 2022, 09:00 AM
Rights Entitlements listing in April 2022When 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 April:
|Company||Rights Entitlement (RE)||ISIN||RE Listing date||RE Last trading date||Last date to apply for rights shares|
|Nakoda Group of Industries||NGIL-RE||INE236Y20012||April 18||April 27||May 02|
|Makers Laboratories||MAKERSL-RE||INE987A20010||April 18||April 22||April 27|
|Bhagiradha Chemicals and Industries||BCIL-RE||INE414D20019||April 19||April 28||May 04|
|Asian Granito||ASIANTILES-RE||INE022120027||April 25||May 05||May 10|
|Aurum PropTech Ltd||AURUM-RE||INE898S20011||April 26||May 05||May 10|
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.