Rights Issue - July 2024

[Jul-24] 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 July 2024:

Company

Ex-date

Record Date

RI Price

RE Trading Period

Last date to apply for Rights Shares

Where to apply for rights shares

Circular

Sobha Limited

19-Jun

19-Jun

₹1651 (On App ₹825.50 PP Share)

28-Jun to 01-Jul

04-Jul

ASBA

BSE/NSE Circular

Kshitij Polyline Limited

18-Jun

18-Jun

₹6.40 

25-Jun to 03-Jul

09-Jul

ASBA

NSE Circular

Gujarat Toolroom Limited

05-Jun

05-Jun

₹8

14-Jun to 08-Jul

12-Jul

ASBA

BSE Circular

Spright Agro Limited

07-Jun

07-Jun

₹13.40

24-Jun to 16-Jul

23-Jul (Extended)

ASBA

BSE Circular

MITCON Consultancy & Engineering Services Limited

20-Jun

20-Jun

₹76 (On App ₹19.00 PP Share)

28-Jun to 22-Jul

26-Jul

ASBA

NSE Circular

Orient Tradelink Limited

03-May

03-May

₹10

ASBA

BSE Circular

A B Infrabuild Limited

17-May

17-May

₹18

ASBA

NSE Circular

Bhandari Hosiery Exports Limited

19-Jun

19-Jun

₹6.26

08-Jul to 15-Jul

30-Jul (Extn)

ASBA

BSE/NSE Circular

Sreshta Finvest Limited

24-Jun

24-Jun

₹2

04-Jul to 12-Jul

18-Jul

ASBA

BSE Circular

SEPC Limited

25-Jun

25-Jun

₹13

05-Jul to 12-Jul

19-Jul

ASBA

BSE/NSE Circular

Inventure Growth & Securities Limited

05-Jul

05-Jul

₹2.33

15-Jul to 07-Aug

13-Aug

ASBA

NSE Circular

Nandani Creation Limited

04-Jul

04-Jul

₹30

12-Jul to 18-Jul

26-Jul (Extn)

ASBA

NSE

Sar Televenture Limited

09-Jul

09-Jul

₹200

15-Jul to 16-Jul

22-Jul

ASBA

NSE Circular

Suraj Industries Limited

10-Jul

10-Jul

₹65 (On App ₹32.50 PP Share)

22-Jul to 30-Jul

05-Aug

ASBA

BSE Circular

Sharat Industries Limited

12-Jul

12-Jul

₹31 (On App ₹7.75 PP Share)

24-Jul to 01-Aug

07-Aug

ASBA

BSE Circular

Lesha Industries Limited

12-Jul

12-Jul

₹2.80

22-Jul to 27-Jul

05-Aug

ASBA

BSE Circular

Globesecure Technologies Limited

12-Jul

12-Jul

₹40

25-Jul to 26-Jul

02-Aug

ASBA

NSE Circular

Indowind Energy Limited

16-Jul

16-Jul

₹22.50

26-Jul to 31-Jul

05-Aug

ASBA

BSE/NSE Circular

GACM Technologies Limited

16-Jul

16-Jul

₹1

31-Jul to 08-Aug

14-Aug

ASBA

BSE/NSE Circular 

GACM Technologies Limited (DVR)

16-Jul

16-Jul

₹1

31-Jul to 08-Aug

14-Aug

ASBA

BSE/NSE Circular 

Shrydus Industries Limited

19-Jul

19-Jul

₹18

05-Aug to 14-Aug

19-Aug

ASBA

BSE Circular

Jaykay Enterprises Limited

19-Jul

19-Jul

₹25

ASBA

BSE Circular

Tata Consumer Products Limited

27-Jul

27-Jul

₹818

05-Aug to 12-Aug

19-Aug

ASBA

BSE/NSE Circular

Nirman Agri Genetics Limited

29-Jul

29-Jul

₹239

05-Aug to 19-Aug

23-Aug

ASBA

NSE 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 an 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 alist of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.

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