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 March 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 |
| Dipna Pharmachem Limited | 12-Feb | 12-Feb | Rs. 10 | 26- Feb to 04-Mar | 19- Mar | ASBA | BSE |
| South Indian Bank Limited | 27-Feb | 27-Feb | Rs. 22 | 06-Mar to 14-Mar | 20- Mar | ASBA | BSE |
| Mercury Trade Links Limited | 01- Mar | 01- Mar | Rs. 40 | 11-Mar to 15-Mar | 21- Mar | ASBA | BSE |
| Valencia Nutrition Limited | 07- Mar | 07- Mar | Rs. 26 | 15-Mar to 05-Apr | 12- Apr (Extn.) | ASBA | BSE |
| Hindustan Construction Company Limited | 16- Mar | 16- Mar | Rs. 21 | 26-Mar to 02-Apr | 05- Apr | ASBA | BSE |
| Arunjyoti Bio Ventures Limited | 07- Mar | 07- Mar | Rs. 20 | 26-Mar to 02-Apr | 08- Apr | ASBA | BSE |
| Tierra Agrotech Limited | 18- Mar | 18- Mar | Rs. 50 | 28-Mar to 03-Apr | 10- Apr | ASBA | BSE |
| 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 | 12-Apr | 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 |
| Jyoti Structures Limited** | 21-Mar | 21-Mar | Rs. 15 | NA | NA | ASBA | BSE/NSE |
| TIL Limited | 22-Mar | 22-Mar | Rs. 10 | NA | NA | ASBA | BSE/NSE |
| Shiva Cement Limited | 03-Apr | 03-Apr | Rs. 40 | 22-Apr to 30-Apr | 06-May | ASBA | BSE |
| Iykot Hitech Toolroom Limited | 03-Apr | 03-Apr | Rs. 7 | 24-Apr to 30-Apr | 08-May | ASBA | BSE |
Note: **Date Revised
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.
