14 Mar 2023, 03:00 PM

Rights Entitlements listing in March 2023

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 March:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Amal Limited AMAL-RE INE841D20013 March 06 March 08 March 14
Share India Securities Limited SISL-RE INE932X20018 March 09 March 13 March 17
Sparc Electrex Limited SPARC-RE INE960B20015 March 14 April 06 April 12
Gokul Agro Resources Limited GOKUL-RE INE314T20017 March 16 March 17 March 23

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