03 May 2022, 09:00 AM

Rights Entitlements listing in April 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 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.