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1. JaiShriKrishna   I Like It. |Report Abuse|  Link|September 30, 2023 8:33:43 AMReply
I can see 400 share in my demat ...but I have not paid any money till now...when we need to pay Rs 123 for these right issue...and how this can be pay...??
1.1. Aavi   I Like It. |Report Abuse|  Link|September 30, 2023 12:38:58 PM
What I have understood is that these are right entitlement. Given in the ration of 1:10, only to those who were holding Cloud shares.
They have separate ISIN number.
So, following are the three possibilities:
1. Existing shareholder claim/puchase/buy them (ASBA like IPO or RTA site).
2. Renounce them (trade) and enjoy premium without doing anything. But, that date is lapsed.
3. If none of the above taken then they will lase and won't be seen after closing date.
Those who didn't have the cloud share need to purchase these right entitlement and then claim them as being done by shareholder.
Problem I faced:
1. Couldn't trade them being less than market lot.
2. Not able to buy them, as my bank ICICI not showing this right issue.
3. RTA site of Bigshare so confusing and unfriendly that no idea as to how to proceed (saw other RTA sites - everything crystal clear).
If someone has any idea please guide.