Rights Issue - January 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 January 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 |
Pacific Industries Ltd. | 11- Jan | 11- Jan | Rs. 139 | 19- Jan to 30- Jan | 2- Feb | ASBA | BSE Circular |
Aarti Surfactants Ltd. | 17- Jan | 17- Jan | Rs. 555(Rs. 222 on app) | 25- Jan to 27- Jan | 3- Feb | ASBA | BSE Circular |
Family Care Hospitals Ltd. | 3- Jan | 3- Jan | Rs. 12 | 23- Jan to 1- Feb | 7- Feb | ASBA | BSE Circular |
Heritage Foods Ltd. | 20- Jan | 20- Jan | Rs. 5 | 30-Jan to 8- Feb | 13- Feb | ASBA | BSE Circular |
Indowind Energy Ltd. | 13- Jan | 13- Jan | Rs. 12 | 27- Jan to 6- Feb | 10- Feb | ASBA | BSE Circular |
Markolines Pavement Technologies Ltd. | 17- Jan | 17- Jan | Rs. 167 | 27- Jan to 6- Feb | 9- Feb | ASBA | BSE Circular |
Gyscoal Alloys Ltd. | 23- Dec | 23- Dec | Rs. 2.75 | 2- Jan to 9-Jan | 12- Jan | ASBA | BSE Circular |
Quint Digital Media Ltd. | 22- Dec | 22- Dec | Rs. 50 | 9- Jan to 13-Jan | 24- Jan | ASBA | BSE Circular |
Jet Freight Logistics Ltd. | 11- Jan | 11- Jan | Rs. 16.25 | 20- Jan to 25-Jan | 31- Jan | ASBA | BSE Circular |
Vaxfab Enterprises Ltd. | 3- Jan | 3- Jan | Rs. 18 | 18- Jan to 25-Jan | 31- Jan | ASBA | BSE Circular |
Visagar Financial Services Ltd. | 30- Dec | 30- Dec | Re. 1 | 12- Jan to 25-Jan | 2- Feb | ASBA | BSE Circular |
Rajapalayam Mills Ltd. | 30- Dec | 30- Dec | Rs. 569 | 18- Jan to 2-Feb | 10- Feb | 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