RIGHTS ENTITLEMENTS (“REs”)
What happens to any shortage in settlement of such trades?
Any shortages in Rights Entitlement shall be directly closed-out at the highest price of Rights Entitlement prevailing across the Exchanges from the day of trading till the T+1 day or 20% above the settlement price of Rights Entitlement on the T+1 day, whichever is higher.
Finance & Accounts: