25 May 2022, 08:00 AM

Rights Entitlements listing in May 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 May:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
TCM Limited TCM-RE INE034F20010 May 12 May 19 May 26
NCL Research & Financial Services NCLRESE-RE INE132F20012 May 16 May 23 May 27
Integra Essentia Ltd ESSEN-RE INE418N20019 May 16 June 08 June 14
Dynemic Products Ltd DYNPRO-RE INE256H20015 May 25 June 03 June 08

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