Rights Issue - February 2023
The company offers its shareholders the right to purchase its shares at a discount on a predetermined date known as the record date in a rights entitlement.
Shareholders are granted Rights Entitlements (RE) by temporarily crediting their Demat accounts with RE, giving them the right to participate in a Rights Issue. Please note that these are Rights Entitlement and not Rights shares. To get the shares, you should apply at their respective Registrar & Transfer Agent (RTA) and convert RE into shares. You should keep in mind that RE is temporary and until you apply and pay the requisite amount, rights shares won’t be credited to your Demat account.
Here’s the listing for February 2023:
Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
Edvenswa Enterprises Limited | 7- Feb | 7- Feb | Rs. 25 | 16- Feb to 13- Mar | 17- Mar | ASBA | BSE Circular |
Mittal Life Style Limited | 13- Feb | 13- Feb | Rs. 10 | 22- Feb to 27- Feb | 3- Mar | ASBA | NSE Circular |
Shukra Pharmaceuticals Limited | 2- Feb | 2- Feb | Rs. 20(Rs. 10 on app) | 15- Feb to 23- Feb | 28- Feb | ASBA | BSE Circular |
Capri Global Capital Limited | 17- Feb | 17- Feb | Rs. 475 | 27- Feb to 6- Mar | 10- Mar | ASBA | BSE Circular |
Khfm Hospitality & Facility Management Services Limited | 10-Feb | 10-Feb | Rs. 24 | 27- Feb to 3- Mar | 10- Mar | ASBA | BSE Circular |
Share India Securities Limited | 28- Feb | 28- Feb | Rs. 700 (Rs. 175 on app) | 9- Mar to 13- Mar | 17- Mar | ASBA | BSE Circular |
Destiny Logistics & Infra Ltd. | 27- Jan | 27- Jan | Rs. 10 | 08- Feb to 13- Feb | 17- Feb | ASBA | NSE Circular |
Sprayking Agro Equipment Ltd | 02- Feb | 02- Feb | Rs. 44 | 13- Feb to 14- Feb | 20- Feb | ASBA | BSE Circular |
Shree Ganesh Remedies Ltd | 03- Feb | 03- Feb | Rs. 225(Rs. 135 on app) | 13- Feb to 15- Feb | 21- Feb | ASBA | BSE Circular |
Parvati Sweetners & Power Ltd. | 08- Feb | 08- Feb | Rs. 5 | 21- Feb to 28- Feb | 07- Mar | ASBA | BSE Circular |
Veer Global Infraconstruction Ltd. | 10- Feb | 10- Feb | Rs. 130 | 24- Feb to 03- Mar | 10- Mar | ASBA | BSE Circular |
Raj Oil Mills Ltd | 09- Feb | 09- Feb | Rs. 30 | 21- Feb to 06- Mar | 13- Mar | ASBA | BSE Circular |
Please note: The value of RE will be zero after the Rights Issue closure date.
RE Trading Period: The Exchange will publish a circular 2 days prior to the issue open date.
How to apply for Rights Issue: The Rights Issue offer is updated with ASBA (Application Supported Blocked Amount).
Here's a list of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs