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29 Aug 2023, 08:00 PM
Rights Entitlements listing in August 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 |
|---|
| Shree Ram Proteins Ltd | SRPL-RE | INE008Z20012 | July 17 | August 09 | August 14 |
| Vaxtex Cotfab Ltd | VCL-RE | INE098220010 | August 07 | August 14 | August 18 |
| Brooks Laboratories Ltd | BROOKS-RE | INE650L20011 | August 07 | August 17 | August 22 |
| Piramal Pharma Ltd | PLPHAR-RE | INE0DK520011 | August 08 | August 10 | August 16 |
| Perfect Infraengineers Ltd | PERF-RE | INE925S20012 | August 14 | August 18 | August 24 |
| Orient Green Power Company Ltd | GREENPOWER-RE | INE999K20014 | August 28 | September 11 | Septemeber 15 |
| Gretex Corporate Services Ltd | GRETEX-RE | INE199P20010 | August 30 | September 01 | September 06 |
You will not be able to transact the REs intraday as they are settled on a trade-to-trade basis.