Mumbai: APLAB LIMITED is offering its shareholders a chance to buy more shares through a Rights Issue. To do this, they are giving Rights Entitlements (REs). These REs can be traded on the stock exchange.
Trading of REs will start on Wednesday, June 4, 2025, and end on Tuesday, June 17, 2025. The Rights Issue itself will be open until June 20, 2025.
Each RE gives the holder the right to buy shares of APLAB LIMITED at a special price. But if investors don’t want to buy the shares, they can sell these REs in the market. The REs will trade under the Scrip Code: 750991, Scrip ID: APLAB-RE1, and ISIN: INE273A20023.
The settlement of RE trades will follow a T+1 rolling basis, which means the trade will be completed the next working day. It will be done as trade-for-trade, and only in demat (digital) form.
Brokers must inform clients that REs are not regular shares. Buying REs only gives the right to apply for new shares. If investors neither apply for shares nor sell their REs before the deadline, they will lose their rights.
For more rules on RE trading, traders should check earlier notices dated March 5, 2020, and May 18, 2020.
