26 Jun 2022, 05:30 PM

Rights Entitlements listing in June 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 June:
Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Davangere Sugar Company Ltd DAVAN-RE INE179G20011 Jun 16 Jun 27 Jun 30
Satyam Silk Mills Ltd SATSILK-RE INE07MC20015 Jun 16 Jun 24 July 01
Kallam Textiles Limited KALLAM-RE INE629F20017 Jun 23 July 04 July 07
Saboo Sodium Chloro Ltd SABOOSOD-RE INE440C20016 Jun 27 July 20 July 26

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