Rights Issue - March 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 March 2024:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Dipna Pharmachem Limited12-Feb12-FebRs. 1026- Feb to 04-Mar19- MarASBABSE
South Indian Bank Limited27-Feb27-FebRs. 2206-Mar to 14-Mar20- MarASBABSE
Mercury Trade Links Limited01- Mar01- MarRs. 4011-Mar to 15-Mar21- MarASBABSE
Valencia Nutrition Limited07- Mar07- MarRs. 2615-Mar to 05-Apr12- Apr (Extn.)ASBABSE
Hindustan Construction Company Limited16- Mar16- MarRs. 2126-Mar to 02-Apr05- AprASBABSE
Arunjyoti Bio Ventures Limited07- Mar07- MarRs. 2026-Mar to 02-Apr08- AprASBABSE
Tierra Agrotech Limited18- Mar18- MarRs. 5028-Mar to 03-Apr10- AprASBABSE
Balkrishna Paper Mills Limited15- Mar15- MarRs. 2102-Apr to 08-Apr15- AprASBABSE
Mishtann Foods Limited**20- Mar20- MarRs. 1502-Apr to NA16- AprASBABSE
Sawaca Business Machines Limited07- Mar07- MarRe. 102-Apr to 08-Apr12-AprASBABSE
Spectrum Foods Limited27-Mar27-MarRs. 2008-Apr to 17-Apr22-AprASBABSE
Markobenz Ventures Limited27-Mar27-MarRs. 1015-Apr to 18-Apr22-AprASBABSE
Jyoti Structures Limited**21-Mar21-MarRs. 15NANAASBABSE/NSE
TIL Limited22-Mar22-MarRs. 10NANAASBABSE/NSE
Shiva Cement Limited03-Apr03-AprRs. 4022-Apr to 30-Apr06-MayASBABSE
Iykot Hitech Toolroom Limited03-Apr03-AprRs. 724-Apr to 30-Apr08-MayASBABSE

Note: **Date Revised

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 a list of existing SCSBs.

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

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