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Can I buy rights issue shares?

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 issue shares can be bought or applied for based on the pro-rata rights entitlement credited to the eligible shareholders of the company as on record date.

An interested investor not in possession of any rights entitlement can also buy the rights shares by purchasing the rights entitlement from the stock market by participating in rights entitlement trading or through an off-market transaction. This will enable him to buy or apply for rights shares based on the entitlements bought.



2 Comments

2. Ambrish Nigam   I Like It. |Report Abuse|  Link|June 25, 2021 1:13:45 PMReply
If i have Purchase Rights at Exchange - How that will get credited to my account...
The offer price was 1.85
I purchase at 1.3
but that RE lapsed and not showing in my account..
So what to do Now.
1. Sachin   I Like It. |Report Abuse|  Link|June 10, 2021 8:13:56 AMReply
I have purchased RE share from share market on 3rd June, now I am not able to sell. Today 10th june is closing date. What will happen to my share now?