Multiple application against same demat number may be a reason for rejection. You may ask RTA karvy( einward.ris@kfintech.com ) regarding exact rejection reason of your application.
Hi, I have 100 shares in M&M Financial as on record date. Should I apply for 100 rights issue only or I can apply even more? Since, the quantity cell is blank & I am free to put any number.
You can apply for any number of shares , even more than your entitlement if you had original shares on record date. You will be allotted your entitlement fully then shares that are not taken by other right holders if available on proportionate basis.