What will happen if Right Entitlements (REs) are purchased through on market renunciation / Off market renunciation, and no application is made for subscribing the shares / other securities offered under Right issue?

• Related Articles

• What happen to Right Entitlements which are neither subscribe nor renounced on or before the issue closing date ?

  Rights Entitlements (REs) which are neither subscribed nor renounced on or before the Issue Closing Date are lapsed post closure of the issue and the ISINs linked to these REs shall stand suspended.

• How to transfer shares off market?

  Once your account is activated with IIFL , Single account holders can request for DIS slip using the following steps:- Through IIFL Markets Web Portal - Login to https://markets.iiflcapital.com/home Click on dropdown arrow at the top right corner ...

• What is Right Entitlement ?

  Right Entitlement (RE) is the right given to existing shareholders to buy additional shares of a company at a fixed price. The company offers this right to shareholders who hold shares on the record date, in a specific ratio (for example, 1:5). A ...

• What are Rights Issue?

  A Rights Issue is a way for a company to raise funds by offering new shares to its existing shareholders. In a rights issue, shareholders are given the right to buy additional shares of the company at a fixed price, usually lower than the market ...

• Can the application be made in joint names?

  Applications may be made in single or joint names (not exceeding three). In the case of joint application, all payments will be made out in favour of the first Applicant. All communications will be addressed to the first named Applicant whose name ...