Chittorgarh.com Logo
Loading...

What is renunciation of rights entitlement?

Save over 60% on Brokerage

We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...

The renunciation of rights entitlement is the process of transfer or selling the entitlements to another interested party in part or full when the shareholder is not willing to subscribe to his rights entitlements.

The renunciation of RE can be done either via rights entitlement trading on the stock exchange or off-market renunciation.

The benefit of renunciation is one can get a better price for their entitlements rather than giving it up as is. However, when one chooses to renounce his rights partly or fully, such shareholders cannot apply for any additional shares at a later stage.



Comments

Add a public comment...