December 14, 2023
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Rights Issue - December 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 December 2023:

CompanyEx-dateRecord DateRI Price (Rs. per share)RE Trading PeriodLast date to apply for Rights SharesWhere to apply for rights sharesCircular
SEPC Limited28-Nov28-NovINR 1306- Dec to 12- Dec18- DecASBABSE
Asit C Mehta Financial Services Limited15- Dec15- DecINR 151.4415- Nov to 19- Dec22- DecASBABSE

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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