27 Sep 2022, 10:00 AM
Rights Entitlements listing in September 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 September:
|Company||Rights Entitlement (RE)||ISIN||RE Listing date||RE Last trading date||Last date to apply for rights shares|
|7NR Retail Ltd||7NR-RE||INE413X20019||Sep 06||Sep 15||Sep 23|
|Naysaa Securities Ltd||NAYSAA-RE||INE898Q20015||Sep 07||Sep 08||Sep 13|
|Coastal Corporation Ltd||COASTCORP-RE||INE377E20016||Sep 12||Sep 21||Sep 27|
|Gautam Gems Ltd||GGL-RE||INE063Z20017||Sep 12||Sep 26||Sep 30|
|Suditi Industries Ltd||SUDTIND-RE||INE691D20012||Sep 15||Sep 16||Sep 21|
|Libas Consumer Products Ltd||LIBAS-RE||INE908V20012||Sep 27||Oct 03||Oct 07|
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.