I recently got Dhanlaxmi Bank Re, the most basic question is if I don’t buy its stock and I don’t sell RE It will just lapse right? So its better to atleast sell RE if we are not buying?
Yep, that’s correct. If yu don’t want to apply for the issue and aren’t selling the REs, they will lapse once the subscription period ends. It’s best to sell the RE in the market as it holds value until the renunciation.
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Thankyou Nitin, super helpful
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