FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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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.
No, you will not be eligible for the rights shares if the stocks are purchased on the ex-date. The shares become ex-rights from the date of ex-date and carry no rights attached to them. Thus, you cannot enjoy the benefit of right if you buy the shares on ex-date.
To be eligible for the rights issue, you need to own the shares as on record date announced by the company. Thus, you will have to purchase the shares at least 1 working day before the ex-date so that you own the shares as on record date considering T+2 settlement in India.
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