15 Oct 2023, 08:00 PM

Rights Entitlements listing in October 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 October:

Company Rights Entitlement (RE) ISIN RE Listing date RE Last trading date Last date to apply for rights shares
Bhandari Hosiery Exports Ltd BHANDA-RE INE474E20011 03-10-2023 09-10-2023 13-10-2023
Globe International Carriers Ltd GICL-RE INE947T20014 04-10-2023 09-10-2023 12-10-2023
Highways Infrastructure Trust HIGHWAY-RE INE0KXY20011 09-10-2023 09-10-2023 11-10-2023
Marshall Machines Limited MARSHAL-RE INE00SZ20018 11-10-2023 16-10-2023 19-10-2023
Syschem India rights issue SYSCHEM-RE INE121D20010 16-10-2023 23-10-2023 27-10-2023


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