Rights Issue - November 2024

[Nov-24] 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 November 2024:

Company

Ex-date

Record Date

RI Price ( per share)

RE Trading Period

Last date to apply for Rights Shares

Where to apply for rights shares

Circular

ARC Finance Limited

10-Oct

10-Oct

₹1.20

21-Oct to 12-Nov

19-Nov (Extended)

ASBA

BSE Circular

Edvenswa Enterprises Limited

14-Oct

14-Oct

₹60

25-Oct to 05-Nov

22-Nov (Extended)

ASBA

BSE Circular

Kretto Syscon Limited

11-Oct

11-Oct

₹1

24-Oct to 06-Nov

12-Nov

ASBA

BSE Circular

IGC Industries Limited

18-Oct

18-Oct

₹13

04-Nov to 12-Nov

18-Nov

ASBA

BSE Circular

Thinkink Picturez Limited

18-Oct

18-Oct

₹1.50

04-Nov to 18-Nov

22-Nov

ASBA

BSE Circular

Bella Casa Fashion & Retail Limited

19-Oct

19-Oct

₹261

30-Oct to 08-Nov

14-Nov

ASBA 

BSE Circular

DMR Hydroengineering & Infrastructures Limited

22-Oct

22-Oct

₹140

04-Nov to 25-Nov

03-Dec-24

ASBA

BSE Circular

Diligent Industries Limited

24-Oct

24-Oct

₹3.60

11-Nov to 03-Dec

09-Dec-24 (Extended)

ASBA

BSE Circular

Hindware Home Innovation Limited

25-Oct

25-Oct

₹220

07-Nov to 18-Nov

22-Nov

ASBA

BSE/NSE Circular

Mercury Trade Links Limited

24-Oct

24-Oct

₹44.95

07-Nov to 29-Nov

05-Dec

ASBA

BSE Circular

PMC Fincorp Limited

25-Oct

25-Oct

₹2.75

07-Nov to 12-Nov

19-Nov

ASBA

BSE Circular

Asian Petroproducts & Exports Limited

30-Oct

30-Oct

₹10

11-Nov to 02-Dec

05-Dec (Extended)

ASBA

BSE Circular

Shangar Decor Limited

28-Oct

28-Oct

₹5.76

08-Nov to 29-Nov

06-Dec

ASBA

BSE Circular

Ushanti Colour Chem Limited

11-Oct

11-Oct

₹55

04-Nov to 18-Nov

25-Nov

ASBA 

NSE Circular

Diligent Industries Limited

24-Oct

24-Oct

₹3.60

11-Nov to 18-Nov

25-Nov

ASBA

BSE Circular

Pradhin Limited

14-Nov

14-Nov

₹25

25-Nov to 10-Dec

16-Dec

ASBA 

BSE Circular

UPL Limited

26-Nov

26-Nov

₹360

-

-

ASBA

BSE/NSE Circular

NHC Foods Limited 

26-Nov

26-Nov

₹1

-

-

ASBA

BSE Circular

Scanpoint Geomatics Limited

27-Nov

27-Nov

₹6

-

-

ASBA

BSE Circular

Jonjua Overseas Limited

29-Nov

29-Nov

₹10

-

-

ASBA

BSE Circular

Enbee Trade & Finance Limited

28-Nov

28-Nov

₹13

-

-

ASBA

BSE Circular

LWS Knitwear Limited

28-Nov

28-Nov

₹18

-

-

ASBA

BSE Circular

Viceroy Hotels Limited

29-Nov

29-Nov

₹112

-

-

ASBA

BSE/NSE 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 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 alist of existing SCSBs.

For more details on Rights Issue/Rights Entitlement, please refer toBSE FAQs.

Share button