Rights Issue - June 2024

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 June 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

DSJ Keep Learning Limited

14-May

14-May

₹1

29-May to 03-Jun

06-Jun

ASBA

BSE/NSE Circular

Billwin Industries Limited

29-Apr

29-Apr

₹34

13-May to 15-May

10-Jun (Further Extended)

ASBA

BSE Circular

Viji Finance Limited

15-May

15-May

₹1.50 

28-May to 04-Jun

10-Jun

ASBA

BSE/NSE Circular

Solara Active Pharma Sciences Limited

15-May

15-May

₹375 (On App ₹131.25 PP per share)

28-May to 05-Jun

11-Jun

ASBA

BSE/NSE Circular

Franklin Industries Limited

13-May

13-May

₹3.58

24-May to 05-Jun

11-Jun

ASBA

BSE Circular

Mangalam Global Enterprise Limited

24-May

24-May

₹20

03-Jun to 07-Jun

12-Jun

ASBA

NSE Circular

Khoobsurat Limited

04-May

04-May

₹1

15-May to 21-May

13-Jun (Extended)

ASBA

BSE Circular

IFL Enterprises Limited

17-May

17-May

₹1

27-May to 20-Jun

25-Jun

ASBA

BSE Circular

Orient Tradelink Limited

03-May

03-May

₹10

ASBA

BSE Circular

A B Infrabuild Limited

14-May

14-May

₹18

07-Jun to 14-Jun

21-Jun

ASBA

NSE Circular

VSF Projects Limited

24-May

24-May

₹50

05-Jun to 13-Jun

20-Jun

ASBA

BSE Circular

Nakoda Group of Industries Limited

30-May

30-May

₹25

13-Jun to 24-Jun

28-Jun

ASBA

BSE/NSE Circular

Integra Essentia Limited

01-Jun

01-Jun

₹3.25

11-Jun to 20-Jun

25-Jun

ASBA

BSE/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

Starting 24-Jun

12-Jul

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). 

  • 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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