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 April 2024:
| Company | Ex-date | Record Date | RI Price (Rs. per share) | RE Trading Period | Last date to apply for Rights Shares | Where to apply for rights shares | Circular |
| Balkrishna Paper Mills Limited | 15- Mar | 15- Mar | Rs. 21 | 02-Apr to 08-Apr | 15- Apr | ASBA | BSE |
| Mishtann Foods Limited** | 20- Mar | 20- Mar | Rs. 15 | 02-Apr to NA | 16- Apr | ASBA | BSE |
| Sawaca Business Machines Limited | 07- Mar | 07- Mar | Re. 1 | 02-Apr to 08-Apr | 22-Apr (Extension) | ASBA | BSE |
| Spectrum Foods Limited | 27-Mar | 27-Mar | Rs. 20 | 08-Apr to 17-Apr | 22-Apr | ASBA | BSE |
| Markobenz Ventures Limited | 27-Mar | 27-Mar | Rs. 10 | 15-Apr to 18-Apr | 22-Apr | ASBA | BSE |
| Tierra Agrotech Limited | 18-Mar | 18-Mar | Rs. 50 | 28-Mar to 16-Apr | 24-Apr (Extension) | ASBA | BSE |
| Jyoti Structures Limited | 21-Mar | 21-Mar | Rs. 15 | 15-Apr to 24-Apr | 29-Apr | ASBA | BSE |
| Shiva Cement Limited | 03-Apr | 03-Apr | Rs. 40 | 22-Apr to 30-Apr | 06-May | ASBA | BSE |
| AA Plus Tradelink Limited | 05-Apr | 05-Apr | Rs. 18 | 22-Apr to 03-May | 06-May | ASBA | BSE |
| Iykot Hitech Toolroom Limited | 03-Apr | 03-Apr | Rs. 7 | 24-Apr to 30-Apr | 08-May | ASBA | BSE |
| A B Infrabuild Limited | 05-Apr | 05-Apr | Rs. 18 | 29-Apr to 06-May | 13-May | ASBA | BSE |
| Sakuma Exports Limited | 15-Apr | 15-Apr | Rs. 25.30 | 25-Apr to 07-May | 13-May | ASBA | BSE |
| Savani Financials Limited | 04-Apr | 04-Apr | Rs. 17.50 (Rs. 14 On App PP Shares) | 07-May to NA | 17-May | ASBA | BSE |
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).
Here's a list of existing SCSBs.
For more details on Rights Issue/Rights Entitlement, please refer to BSE FAQs.
