Rights Entitlements definition

Rights Entitlements means the number of Rights Equity Shares that an Eligible Equity Shareholder is entitled to in proportion to the number of Equity Shares held by the Eligible Equity Shareholder on the Record Date;
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Rights Entitlements means the “nil-paid” provisional allotment of Rights Units to Eligible Unitholders under the Rights Issue.
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Rights Entitlements means the right to apply for the Equity Shares being offered by way of the Issue, by an Investor, in accordance with the SEBI ICDR Regulations read with the SEBI circular bearing reference number SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, in this case being eight Equity Shares for every 85 Equity Shares held by an Eligible Equity Shareholder, on the Record Date, excluding any fractional entitlements;
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Examples of Rights Entitlements in a sentence

  • The issued, subscribed and paid-up share capital after the Issue (assuming full subscription for and allotment of the Rights Entitlements) will be ₹ 39,46,34,844 (Rupees Thirty Nine Crore Forty Six Lakh Thirty Four Thousand Eight Hundred and Forty Four Only) divided into 9,86,58,711 Equity Shares of ₹4 each.

  • However, Such Eligible Equity Shareholders, where the dematerialized Rights Entitlements are transferred from the suspense escrow demat account to the respective demat accounts within prescribed timelines, can apply for additional Rights Equity Shares while submitting the Application through ASBA process or using the R- WAP.

  • Rights Entitlements shall be credited to the respective demat accounts of Eligible Equity Shareholders before the Issue Opening Date only in dematerialised form.

  • Eligible Equity Shareholders can also obtain the details of their respective Rights Entitlements from the website of the Registrar (i.e., ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇) by entering their DP ID and Client ID or Folio Number (in case of Eligible Equity Shareholders holding Equity Shares in physical form) and PAN.

  • Pursuant to provisions of the SEBI ICDR Regulations and in terms of the Letter of Offer, the Rights Entitlements of the Eligible Equity Shareholders have been credited in their respective demat account under the ISIN - INE955V20013.

  • Resident Eligible Equity Shareholders who hold Equity Shares in physical form as on the Record Date cannot renounce until the details of their demat account are provided to our Company or the Registrar and the dematerialized Rights Entitlements are transferred from suspense escrow demat account to the respective demat accounts of such Eligible Equity Shareholders within prescribed timelines.

  • Eligible Equity Shareholders who renounce their Rights Entitlements cannot apply for additional Rights Equity Shares.

  • Such Eligible Equity Shareholders can make an Application only after the Rights Entitlements is credited to their respective demat accounts, except in case of resident Eligible Equity Shareholders holding Equity Shares in physical form as on Record Date and applying through R-WAP (an additional optional facility).

  • For the avoidance of doubt, the Lead Manager will not make any offers or sales of the Rights Entitlements or the Rights Equity Shares or any other security with respect to the Issue in the United States of America.

  • Accordingly, persons receiving a copy of the Letter of Offer or the Abridged Letter of Offer should not, in connection with the Issue or the Rights Entitlements, distribute or send the Letter of Offer or Abridged Letter of Offer in or into jurisdictions where it would or might contravene local securities laws or regulations.


More Definitions of Rights Entitlements

Rights Entitlements means the number of Equity Shares, that an Investor is entitled to, in accordance with the SEBI ICDR Regulations read with the SEBI Rights Issue Circular, in this case being [●] Equity Share for every [●] Equity Shares held by an Eligible Shareholder on the Record Date.
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