How I can apply for the rights shares?

How I can apply for the rights shares?

For Shareholder-
  1. A shareholder who possesses shares in their Demat Account as of the Record date can observe their Right Entitlement (RE) shares of the company credited to their Demat Account.
  2. For shareholders who intend to subscribe to the Right Issue Shares, they have the option to apply until the last date specified for the right issue.
  3. The Application Supported by Blocked Amount (ASBA) process, facilitated through net banking, or the online method via the Registrar and Transfer Agent (RTA) can be employed for applying for Right Issue Shares.
  4. During the application for Right Issue, shareholders are required to make the necessary payment. This payment process can be conducted through the ASBA process or online via the RTA.
  5. Customers seeking the RTA details of a company can access this information from either the BSE website (bseindia.com) or the NSE website (nseindia.com). By searching for the company's name, relevant details about the company will be displayed on the site.
For Non-Shareholders-
  1. Individuals who do not currently hold shares can participate in Right Issue Shares by purchasing the Right Entitlement (RE) Shares from the Open Market.
  2. After acquiring RE Shares from the Open Market, Non-Shareholders can proceed to apply for Right Issue Shares. This application can be completed through the ASBA Process or Online via the Registrar and Transfer Agent (RTA), and it should be submitted before the specified last date for the right issue.
  3. Similar to shareholders, Non-Shareholders need to provide the necessary payment for the Right Issue Shares during the application process. This payment can be made through the ASBA Process or Online via the RTA.
  4. This process allows individuals who are not currently shareholders to participate in a company's Right Issue by first acquiring RE Shares from the Open Market and then applying for additional shares through the prescribed methods.

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