29 Sep 2023, 08:30 AM

Rights Entitlements listing in September 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 September:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Nakoda Group of Industries Ltd NGIL-RE INE236Y20020 October 11 September 22 September 27
Advik Capital Ltd ADVIK-RE INE178T20024 September 18 September 26 September 29
Varanium Cloud Ltd CLOUD-RE INE0JOO20013 September 28 September 29 October 4
Dudigital Global Ltd
DUDIG-RE INE0HPK20012 September 29 October 10 October 14


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