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Can I apply for additional rights entitlement?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The rights entitlement(RE) cannot be applied for. The RE gets credited to your account in the proportion of your holding in case you qualify as an eligible shareholder as on record date announced by the company.

One can apply for additional rights share over and above their rights entitlement only when one has subscribed to their entitlements in full. A cannot apply for additional rights shares.



1 Comments

1. Vipin Kumar Gopal   I Like It. |Report Abuse|  Link|October 26, 2022 8:00:06 PMReply
Query for Suzlon energy right issue
Sir, by mistake I applied one lakh shares & amount lien is Rs250000/. keeping in mind Rs2.5/ share but now I realised that it should be Rs500000.
Am I eligible for right issue which was I am entitled about 35000 shares as the price is Rs175000/ less than 250000