RIGHTS ENTITLEMENTS (“REs”)
How investors holding REs in demat form can renounce it?
Investors holding REs in dematerialized mode shall be able to renounce their entitlements by trading on stock exchange platform or off-market transfer. Such trades will be settled by transferring dematerialized REs through depository mechanism, in the same manner as done for all other types of securities. The transactions in REs will be settled on trade-for-trade basis