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:

CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Pacific Industries Ltd.11- Jan11- JanRs. 13919- Jan to 30- Jan2- FebASBABSE Circular
Aarti Surfactants Ltd.17- Jan 17- Jan Rs. 555(Rs. 222 on app)25- Jan to 27- Jan3- FebASBABSE Circular
Family Care Hospitals Ltd.3- Jan3- JanRs. 1223- Jan to 1- Feb7- FebASBABSE Circular
Heritage Foods Ltd.20- Jan20- JanRs. 530-Jan to 8- Feb13- FebASBABSE Circular
Indowind Energy Ltd.13- Jan 13- JanRs. 1227- Jan to 6- Feb10- FebASBABSE Circular
Markolines Pavement Technologies Ltd.17- Jan17- JanRs. 16727- Jan to 6- Feb9- FebASBABSE Circular
Gyscoal Alloys Ltd.23- Dec23- DecRs. 2.752- Jan to 9-Jan12- JanASBABSE Circular
Quint Digital Media Ltd.22- Dec22- DecRs. 509- Jan to 13-Jan24- JanASBABSE Circular
Jet Freight Logistics Ltd.11- Jan11- JanRs. 16.2520- Jan to 25-Jan31- JanASBABSE Circular
Vaxfab Enterprises Ltd.3- Jan3- JanRs. 1818- Jan to 25-Jan31- JanASBABSE Circular
Visagar Financial Services Ltd.30- Dec30- DecRe. 112- Jan to 25-Jan2- FebASBABSE Circular
Rajapalayam Mills Ltd.30- Dec30- DecRs. 56918- Jan to 2-Feb10- FebASBABSE 
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). 

  • For the online ASBA process, visit the website of a SCSB (Self-certified Syndicate Bank) and apply.
  • For the offline ASBA process, submit a physical application to participate in the Rights Issue at a designated SCSB. 
  • Here's a list of existing SCSBs.

    For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs

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