Rights Entitlement

What is Right Entitlement
A right is issued by a company to its shareholders on a pre-determined date called the record date. Rights entitlements are offered to shareholders as a rat...
Fri, 4 Nov, 2022 at 3:08 PM
How do you Trade Right Entitlement?
You can trade Right entitlement on the NSE Equity market trading platform. Settlement guarantee shall be provided for trades and settlement shall be compuls...
Fri, 4 Nov, 2022 at 3:09 PM
What happens to Right entitlements (REs) Which are neither subscibed 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 ...
Fri, 4 Nov, 2022 at 3:10 PM
Whether any persons who are not existing shareholders of the issuer company as on record date, can apply to the Rights issue?
Yes. However, they need to purchase Rights Entitlement and then subscribe to the Rights issue before the close of the issue.
Fri, 4 Nov, 2022 at 3:11 PM
What will happen if Rights Entitlemnts (REs) are purchased through on market reunciation / Off market renunciation,and no application is made is for subscribing the shares / other securities offered under Rights Issue?
Those REs will be lapsed and investor shall not get any shares.
Fri, 4 Nov, 2022 at 3:13 PM
In Which segment do you trade Right Entitlement?
Rights entitlement would be traded on the Equity market segment of NSE
Fri, 4 Nov, 2022 at 3:22 PM
What would be the symbol of the Right Entitlement stocks ?
The Exchange shall intimate the market pre trading date.
Fri, 4 Nov, 2022 at 3:23 PM
Would there be a separate ISIN for the Right entitlement stock ?
YES
Fri, 4 Nov, 2022 at 3:24 PM
Which all market sessions would the Right Entitlement be available for trading?
Rights entitlement can be traded on the pre-open market, normal market (EQ), block window (BL) and post close market.
Fri, 4 Nov, 2022 at 3:25 PM
How would be base price calculated?
On the first day of the Right Entitlement, the base price would be calculated as (Closing Price of the stock - Right Entitlement price). On every subsequent...
Fri, 4 Nov, 2022 at 3:26 PM