Rights Entitlements (REs) are temporary demat securities that merely represents your eligibility to apply for the rights issue. REs are not rights shares by themselves but are used to apply for the rights shares. If you do not sell the REs or use them to apply for rights issue, the same will be categorically extinguished from your demat account and 5paisa shall not be liable for the same. REs are settled on a trade to trade basis and intraday transactions are not allowed in the same.
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