These shares are known as Rights Shares. When a company declares the Rights Issue they credit the RE shares (Rights Entitlements) to the Demat Accounts of shareholders of the company. You may either sell them into the market or can apply for the Right Issue.
Why are there extra RE shares in my portfolio even though I did not buy them ? Print
Modified on: Fri, 23 Feb, 2024 at 1:19 PM
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