Free Account Opening + AMC Free Demat
Loading...

Feedback Message Board



2 Comments

2. Raj Kurupati   I Like It. |Report Abuse|  Link|November 1, 2021 12:24:58 PMReply
Current best IPO. Suggestions please
2.1. AMIT AGRAWAL   I Like It. |Report Abuse|  Link|December 3, 2021 12:44:47 PM
Tega industry
1. RajK   I Like It. 1|Report Abuse|  Link|October 4, 2021 10:58:30 AMReply
@Business Standards

Airtel RE trading set to commence

The trading in rights entitlement (RE) of Bharti Airtel will commence on Tuesday and will remain open till October 14. Under this window, existing shareholders will get to sell their RE, while those who wish to participate in the Rs 21,000-crore rights offering will get to buy the permit to apply. One RE gives a shareholder right to subscribe to one share in the rights issue programme, which will remain open till October 21. Analysts expect one RE to trade in the range between Rs 180-200 per unit. Shares of Airtel last closed at Rs 676, while the rights issue price is Rs 535 per share. ETFs will sell their REs as they are not allowed to subscribe for shares in the rights issue. Last year, trading in Reliance Industries RE had seen huge investor interest.