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January 25, 2023
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Rights Issue - January 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 January 2023:

Company Ex-date Record Date RI Price RE Trading Period Last date to apply for Rights Shares Where to apply for rights shares Circular
Pacific Industries Ltd. 11- Jan 11- Jan Rs. 139 19- Jan to 30- Jan 2- Feb ASBA BSE Circular
Aarti Surfactants Ltd. 17- Jan 17- Jan Rs. 555(Rs. 222 on app) 25- Jan to 27- Jan 3- Feb ASBA BSE Circular
Family Care Hospitals Ltd. 3- Jan 3- Jan Rs. 12 23- Jan to 1- Feb 7- Feb ASBA BSE Circular
Heritage Foods Ltd. 20- Jan 20- Jan Rs. 5 30-Jan to 8- Feb 13- Feb ASBA BSE Circular
Indowind Energy Ltd. 13- Jan 13- Jan Rs. 12 27- Jan to 6- Feb 10- Feb ASBA BSE Circular
Markolines Pavement Technologies Ltd. 17- Jan 17- Jan Rs. 167 27- Jan to 6- Feb 9- Feb ASBA BSE Circular
Gyscoal Alloys Ltd. 23- Dec 23- Dec Rs. 2.75 2- Jan to 9-Jan 12- Jan ASBA BSE Circular
Quint Digital Media Ltd. 22- Dec 22- Dec Rs. 50 9- Jan to 13-Jan 24- Jan ASBA BSE Circular
Jet Freight Logistics Ltd. 11- Jan 11- Jan Rs. 16.25 20- Jan to 25-Jan 31- Jan ASBA BSE Circular
Vaxfab Enterprises Ltd. 3- Jan 3- Jan Rs. 18 18- Jan to 25-Jan 31- Jan ASBA BSE Circular
Visagar Financial Services Ltd. 30- Dec 30- Dec Re. 1 12- Jan to 25-Jan 2- Feb ASBA BSE Circular
Rajapalayam Mills Ltd. 30- Dec 30- Dec Rs. 569 18- Jan to 2-Feb 10- Feb ASBA BSE 
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 a 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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