Bhandari Hosiery Exports Restricted. (BHANDARI) has introduced a rights factor of one,69,11,111 fairness stocks aggregating as much as Rs. 7.61 crores. The rights factor opens for subscription on October 03, 2023 and closes on October 13, 2023.
Somebody who holds stocks of Bhandari Hosiery Exports Restricted. as of September 23, 2023 (document date) can be eligible for receiving Rights Entitlements (REs). Those REs can be quickly traded at the inventory exchanges and can then be extinguished. You’ll be able to both use the REs to use for the rights stocks of the corporate or you’ll be able to promote them out there.
You’ll be able to take a look at the announcement from the corporate right here.
You’ll be eligible for receiving Rights Entitlements (REs) if you happen to’ve purchased the stocks on or sooner than September 21, 2023. The ex-date is September 23, 2023.
Rights factor main points
| Factor Length | October 03, 2023 – October 13, 2023 |
|---|---|
| RE Buying and selling Length | October 03, 2023 – October 09, 2023 |
| RE Image | BHANDA-RE |
| Factor Worth | Rs. 4.5 in keeping with proportion |
| Ratio | 3:26 |
| EX-date | September 23, 2023 |
| File Date | September 23, 2023 |
| Tentative Date of Allotment for rights stocks | To Be Showed |
| Tentative Date of Credit score of rights stocks | To Be Showed |
| Tentative Date of List for rights stocks | To Be Showed |
The right way to observe for Bhandari Hosiery Exports Restricted Rights Factor?
While you both obtain the REs from the corporate or acquire them from the marketplace, you’ll be able to observe for the rights stocks the use of the under strategies;
You’ll be able to take a look at the applying procedure right here.
It is important to input your Demat account’s Beneficiary Proprietor ID which is a 16-digit quantity whilst making use of for the rights factor.
The method to observe for rights stocks in the course of the RTAs portal isn’t to be had for this rights factor.
What’s going to occur to my bought keeping of RE stocks if I don’t observe for the rights factor?
Your REs will lapse and you’re going to lose the top rate paid to obtain them. The RE can be within the type of brief demat securities which can lapse if now not renounced/exercised as soon as the buying and selling window is closed.
I don’t have the stocks however purchased REs, am I nonetheless eligible to use for the rights factor?
When you’ve got purchased REs however don’t have stocks, you’re nonetheless eligible for the rights factor. You could observe for the rights stocks both in the course of the RTA’s portal or by the use of internet banking ASBA in case your financial institution lets in it. In the event you don’t take any motion, and let the REs stay on your Zerodha account, they’re going to lapse after the problem.
You’ll be able to learn extra FAQs on Rights Factor and Rights Entitlements right here.
1 Like
The right way to observe BHANDA-RE-R rights factor. Pls any individual recommend. That is my first time, I don’t understand how to do and if I will be able to’t observe there may be any drawback. Pls give an explanation for.
You’ll be able to take a look at the applying procedure above.
In the event you don’t observe for rights stocks, you’re going to lose any top rate paid to buy the Rights Entitlements.
