58.9K
June 08, 2023
Rights Issue - May 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.
| Company | Ex-date | Record Date | RI Price | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
| Clara Industries Limited | 11-May | 11-May | ?167 | 23-May to 29-May | 07-Jun (Extended) | ASBA | BSE Circular |
| Godha Cabcon & Insulation Limited | 12-May | 12-May | ?1 | 25-May to 02-Jun | 08-Jun | ASBA | NSE Circular |
| Enbee Trade & Finance Limited | 10-May | 10-May | ?15 | 18-May to 26-May | 16-Jun (Extended) | ASBA | BSE Circular |
| Samor Reality Limited | 02-May | 02-May | ?10 | 15-May to 29-May | 02-Jun | ASBA | BSE Circular |
| Sharanam Infraproject and Trading Limited | 22-May | 22-May | ?1 | 31-May to 15-Jun | 20-Jun (Extended) | ASBA | BSE Circular |
| KCD Industries India Limited | 19-May | 19-May | ?18 (On App ?4.50) | 31-May to 09-Jun | 14-Jun | ASBA | BSE Circular |
| Praxis Home Retail Limited | 30-May | 30-May | ?10 | 06-Jun to 09-Jun | 14-Jun | ASBA | BSE/NSE Circular |
| Bhakti Gems & Jewellery Limited | 31-May | 31-May | ?12 | 09-Jun to 15-Jun | 20-Jun | ASBA | BSE Circular |
| Shree Rama Multi-tech Limited | 30-May | 30-May | ?9 | 12-Jun to 21-Jun | 26-Jun | ASBA | BSE/NSE Circular |
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.
