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Can rights issue be applied online?

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The rights issue can be applied online through ASBA facility using net banking or through Registrars Web-based Application Platform (RWAP) using UPI or net banking. The RWAP process is a temporary arrangement allowed to ease the process in current pandemic times.

As a prerequisite to apply using the ASBA facility you would need to have an ASBA enabled account along with the option of investing in rights issues. To apply using the RWAP facility, you would need a UPI facility enabled as a prerequisite.



2 Comments

2. Rajni vishwakarma   I Like It. | Report Abuse |   Link | Feb 8, 2021 8:57:55 PM Reply
Mene L&T FH re ke right issue normal share ki Tarah buy Kar liye hai. mere pass me l&t FH Ka pahle se koi share hold Nahi hai our na hi mene issue ke liye apply Kiya hai. Mai share ki sold Karna chahti hi lekin share sold Nahi ho rage hai. Mai kya karu.
Please help.
1. Ramesh Kriplani   I Like It. | Report Abuse |   Link | Feb 3, 2021 2:39:03 PM Reply
Are Banks accepting l&t finance rights issue forms