You will have to use those RE’s to apply for Aditya Birla Fashion’s rights shares.
You have 1000 RE’s so you can apply for 1000 shares, on application you will have to pay Rs. 55 per share.
Shares you have applied for will list as Partly Paid shares on 7th August, you will be able to see them in Holdings after listening.
The process on how to apply has been explained above.
How to apply for the Aditya Birla Fashions rights issue?
Once you either receive the REs from the company or purchase it from the market, you will need to apply for the rights shares using Netbanking ASBA. You can check the process in this post .
You can verify your entitlement on the website of the Registrar & Transfer Agent . You will need to enter your demat account’s Beneficiary Owner ID which is a 16-digit number. You can read this FAQ on the RTA’s website for details.
You can also apply for right on the RTAs website - https://linkintime.co.in/RightIssues/index.html .