29 Jun 2023, 10:00 AM

Rights Entitlements listing in June 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 June:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Praxis Home Retail Limited PRAXIS-RE1 INE546Y20022 Jun 06 Jun 09 Jun 14
Bhakti Gems and Jewellery Ltd BGJL-RE INE986W20016 Jun 09 Jun 15 Jun 20
Shree Rama Multi-Tech Ltd SHRERA-RE INE879A20019 Jun 12 Jun 21 Jun 26
Debock Industries Limited DIL-RE INE411Y20011 Jun 13 Jun 21 Jun 27
North Eastern Carrying Corporation Ltd NECLTD-RE INE553C20016 Jun 14 Jul 06 Jul 11
Udaipur Cement Works Ltd UCWL-RE INE225C20011 Jun 21 Jun 30 Jul 05
Cressanda Solutions Limited CRESSAN-RE INE716D20017 Jun 27 July 05 July 11
Alan Scott Industries Ltd
ALAN-RE INE273F20014 Jun 30 July 07 July 13

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