Rights Issue

Investors can apply for Right Issue shares only through the Application Supported by Blocked Amount i.e. ASBA, either online or offline, if they hold Right Entitlement in their demat account. 

Online ASBA Process: Most Self-Certified Syndicate Banks (SCSBs) support the online ASBA application process through Net Banking, similar to an IPO application. Investors should refer to their respective SCSB’s website for detailed instructions on applying for the ठीक समस्या.

Offline ASBA Process: Alternatively, investors can apply by submitting a filled application form at the nearest branch of an SCSB (Self Certified Syndicate Bank). The list of eligible branches is available on the  SEBI website. The Composite Application form (CAF) can be downloaded from NSE, BSE and RTA websites. 

Investors can also view and download the ठीक समस्या Application Form (CAF), Offer Letter, Abridged Letter & Entitlement Ratio – Applicable only for registered holders with holdings as of Record Date, from the RTA website. RTA don’t directly accept Right Issue application forms (online/offline). Application needs to be channeled through SCSBs only.

1. Directly from RTA if the investor is eligible for the Right Issue by holding shares of the Company on the record date.
2. Purchasing from the Market – Investors can buy Right Entitlement (RE) from the secondary market through the trading platforms such as Angel One, generally identifiable with “-RE” at the end of the stock symbol.

Important Note:

1. Holding or purchasing Right Entitlement (RE) does not automatically grant ownership of the ठीक समस्या shares. Investors must apply for the ठीक समस्या using their RE before the application deadline. Failure to do so will result in the renouncement of rights, leading to a loss of value.
2. The RTA website is only for viewing the ठीक समस्या Application Form, Offer Letter, Abridged Letter & Entitlement Ratio – Applicable only for registered holders with holdings as of Record Date.