Rights Issue - October 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.

Here’s the listing for October 2023:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
Bhandari Hosiery Exports Limited13-Sep13-SepINR 5.5003-Oct to 09-Oct13-OctASBABSE
Globe International Carriers Limited22- Sep22- SepINR 49.5004-Oct to 09- Oct 12- OctASBANSE
Dudigital Global Limited22- Sep22- SepINR 26.5029- Sep to
10- Oct
Marshall Machines Limited29- Sep29- SepINR 44.5011- Oct to 16- Oct19- OctASBANSE
Syschem (India) Limited29- Sep29- SepINR 4016- Oct to 23- Oct27- OctASBABSE
Highways Infrastructure Trust (InvITs)29- Sep29- SepINR 77.9609- Oct to 09- Oct11- OctASBANSE

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.

    Share button