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04 Aug 2023, 05:00 PM
Rights Entitlements listing in July 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 July:
| Company | Rights Entitlement (RE) | ISIN | RE Listing date | RE Last trading date | Last date to apply for rights shares |
|---|
| Vintage Coffee and Beverages Ltd |
VINCOFE -RE | INE498Q20014 | July 03 | July 05 | July 10 |
| Shraddha Prime Projects Ltd | SPPL-RE | INE311M20018 | July 10 | July 19 | July 24 |
| Bandaram Pharma Packtech Ltd | BPPL-RE | INE875N20010 | July 12 | July 17 | July 20 |
| Eiko Lifesciences Ltd | EIKO-RE | INE666Q20016 | July 17 | July 20 | July 26 |
| Shree Ram Proteins Ltd | SRPL-RE | INE008Z20012 | July 17 | August 09 | August 14 |
| G G Engineering Ltd | GGENGL-RE | INE694X20022 | July 20 | July 26 | July 31 |
| Seacoast Shipping Services Ltd | SEACO-RE | INE277T20016 | July 21 | July 27 | July 31 |
| Credent Global Finance Ltd | CGFL-RE | INE727C20016 | July 25 | Aug 03 | Aug 08 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.