Rights Entitlements listing in August 2020
Following companies have announced Rights Issue for all eligible shareholders. These REs will be temporarily traded on the stock exchanges for some period. You can either use the REs to apply for the rights of shares or you can sell them directly.:
Company: Satin Creditcare
• Ratio: 48:125
• Issue Price: Rs. 60
• Issue Period period: August 12 to August 26, 2020
• RE Trading: August 12 to August 21, 2020
Check: Satin Creditcare Share Price
Company: Minda Industries Ltd
• Ratio: 1:27
• Issue Price: Rs. 250
• Issue Period period: August 25, 2020 to September 8, 2020
• RE Trading: August 25, 2020 to September 3, 2020
Check: Minda Industries Share Price
Company: Spencer’s Retail
• Ratio: 2:15
• Issue Price: Rs. 75
• Issue Period period: August 4, 2020 to August 18, 2020
• RE Trading: August 4, 2020 to August 13, 2020
Check: Spencers Retail Share Price
How do I apply for the RE?
• Login to your bank account online via Net Banking.
• Go to Net banking ASBA
• Register "BENEFICIARY REGISTRATION" (Could be optional for some banks)
• Select desired RE from the list.
• Enter the Quantity, Price, Angel DP Account details.
• Submit your application.
To Know your DP ID (16-digit number used to identify your demat account) please follow below steps:
• On Web: Login -> My profile -> My DP Details
• On ABMA App: Login-> My Profile -> Bank & DP Details -> DP Details
Angel Broking, the Depository Participant(DP) is a member of CDSL(Depository)
Click here to view the steps for ASBA registrations on Net Banking Kotak Bank
Click here to view Self- certified Syndicate Banks under ASBA facility
Click here verify your entitlement Right Issue entitlement
If you want to participate in any of the above please contact us at: [email protected]
022-68071111 / 022-42185454