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?

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• 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/ How can issue a DIS booklet?

  For transferring shares , you must fill out the DIS Slip and Annexure. If transferring to your own account The Client Master List (CML) will be required, after which you may opt for an off-market transfer of shares. For transfer or sale of shares ...

• 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 ...