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First time dealing with RE shares, please help. I have 100 shares of Airtel and I received 7 AIRTEL-RE-BE shares today in my demat. In my Zerodha holdings, it is already show a profit of 1400Rs against these 7 RE shares. Can I simply sell these and realize this profit?? Because that is pretty much the gain which I would probably get when finally these 7 RE becomes real shares which is probably after a month or so. Please suggest :)

@RABHAT Hold these RE shares for longterm. Others didn't getting at free. If you hold these RE after 14th Oct, you have to pay 133 per share through ASBA or Online. That 133 is only 25% of 535. Remaining 75% you have to pay in future stages.

If you want to buy more RE shares you should spare current RE price i.e 210 or more. My suggestion just hold for longterm. Pay rights price at prescribed intervals specified by company.

@KAILASH SINGH BISHT ji RE buying and selling should be on or before 14th. After 14th, before 21st you should pay the rights price per RE share based on the holding.

If you are holding RE after 14th and cant able to pay the Rights price (i.e 133) on or before 21st, all holding shares will be going to loose. So be cautious while playing with Rights issue.

By 21st you paid rights price and next time 2nd call, you forget the payment, that time also you will be going to loose all RE shares. Take care.