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.

CompanyEx-dateRecord DateRI PriceRE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Clara Industries Limited11-May11-May?16723-May to 29-May07-Jun (Extended)ASBABSE Circular
Godha Cabcon & Insulation Limited12-May12-May?125-May to 02-Jun08-JunASBANSE Circular
Enbee Trade & Finance Limited10-May10-May?1518-May to 26-May16-Jun (Extended)ASBABSE Circular
Samor Reality Limited02-May02-May?1015-May to 29-May02-JunASBABSE Circular
Sharanam Infraproject and Trading Limited22-May22-May?131-May to 15-Jun20-Jun (Extended)ASBABSE Circular
KCD Industries India Limited19-May19-May?18 (On App ?4.50)31-May to 09-Jun14-JunASBABSE Circular
Praxis Home Retail Limited30-May30-May?1006-Jun to 09-Jun14-JunASBABSE/NSE Circular
Bhakti Gems & Jewellery Limited31-May31-May?1209-Jun to 15-Jun20-JunASBABSE Circular
Shree Rama Multi-tech Limited30-May30-May?912-Jun to 21-Jun26-JunASBABSE/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 a list of existing SCSBs.

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

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