17 Nov 2022, 12:00 PM

Rights Entitlements listing in November 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 November:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Hilton Metal Forging HILTON-RE INE788H20017 Nov 03 Nov 04 Nov 11
Transwarranty Finance Limited TFL-RE INE804H20012 Nov 15 Nov 23 Nov 29
Compuage Infocom Ltd COMPUAGE-RE INE070C20011 Nov 23 Nov 29 Dec 02

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