Rights Issue - October 2024

[Oct-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 October 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

A B Infrabuild Limited

17-May

17-May

₹18

24-Sep to 27-Sep

04-Oct

ASBA

NSE Circular

Srivari Spices & Foods Limited

04-Sep

04-Sep

₹175

24-Sep to 27-Sep

03-Oct

ABSA

NSE Circular

Ganesh Ecoverse Limited

09-Sep

09-Sep

₹35

20-Sep to 24-Sep

04-Oct (Extended)

ASBA

BSE Circular

Oriental Trimex Limited

05-Sep

05-Sep

₹11

19-Sep to 27-Sep

10-Oct (Re-extended)

ASBA

BSE/NSE Circular

Synergy Green Industries Limited

11-Sep

11-Sep

₹325

23-Sep to 30-Sep

04-Oct

ASBA

BSE/NSE Circular

Tilak Ventures Limited

13-Sep

13-Sep

₹2.20

03-Oct to 04-Oct

11-Oct

ASBA

BSE Circular

Advik Capital Limited

12-Sep

12-Sep

₹2.50

24-Sep to 01-Oct

14-Oct (Re-extended)

ASBA

BSE Circular

Narmada Agrobase Limited

16-Sep

16-Sep

₹15

30-Sep to 03-Oct

09-Oct

ASBA

BSE/NSE Circular

Rapid Investments Limited

18-Sep

18-Sep

₹100

26-Sep to 04-Oct

10-Oct

ASBA 

BSE Circular

Patel Integrated Logistics Limited

06-Sep

06-Sep

₹18

09-Sep to 24-Sep

01-Oct

ASBA

BSE/NSE Circular

Purple Finance Limited

26-Sep

26-Sep

₹40

04-Oct to 08-Oct

11-Oct

ASBA

BSE Circular

Sadhana Nitrochem Limited

13-Sep

13-Sep

₹6.06

20-Sep to 25-Sep

04-Oct (Extended)

ASBA

BSE/NSE Circular

Mittal Life Style Limited

03-Oct

03-Oct

₹2

11-Oct to 16-Oct

21-Oct

ASBA

NSE Circular

Geojit Financial Services Limited

07-Oct

07-Oct

₹50

15-Oct to 17-Oct

23-Oct

ASBA

BSE/NSE Circular

ARC Finance Limited

10-Oct

10-Oct

₹1.20

21-Oct to 12-Nov

18-Nov

ASBA

BSE Circular

Ushanti Colour Chem Limited

11-Oct

11-Oct

₹55

-

-

ASBA 

NSE Circular

Edvenswa Enterprises Limited

14-Oct

14-Oct

₹60

25-Oct to 05-Nov

11-Nov

ASBA

BSE Circular

Kretto Syscon Limited

11-Oct

11-Oct

₹1

24-Oct to 06-Nov

12-Nov

ASBA

BSE Circular

Sahana System Limited

25-Sep

25-Sep

₹890

11-Oct to 16-Oct

25-Oct

ASBA

NSE Circular

IGC Industries Limited

18-Oct

18-Oct

₹13

-

-

ASBA

BSE Circular

Thinkink Picturez Limited

18-Oct

18-Oct

₹1.50

-

-

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

-

-

ASBA

BSE Circular

Diligent Industries Limited

24-Oct

24-Oct

₹3.60

-

-

ASBA

BSE Circular

Hindware Home Innovation Limited

25-Oct

25-Oct

₹220

-

-

ASBA

BSE/NSE Circular

Mercury Trade Links Limited

24-Oct

24-Oct

₹44.95

-

-

ASBA

BSE Circular

PMC Fincorp Limited

25-Oct

25-Oct

₹2.75

-

-

ASBA

BSE Circular

Asian Petroproducts & Exports Limited

30-Oct

30-Oct

₹10

-

-

ASBA

BSE Circular

Shangar Decor Limited

28-Oct

28-Oct

₹5.76

-

-

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 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.

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