Aditya Birla Fashion - Rights Issue

The payment for first call can be made through Netbanking ASBA, Physical ASBA, Cheque/Demand Draft. You can get more details here.

What is the invester category needs to be chosen. Share holder or rii…pleaseupdate

Arun, you’ll have to select shareholder category.

On selecting shareholder getting error as category not available for bidding in this ipo… Anyone paid from axis bank…pls help

I team, till yesterday it was showing abfrl- re shares in my account, I haven’t paid the first primium, can you guild me, what I can do now

The company has forfeited the shares (ie. the shares are now worthless, and won’t trade on exchanges anymore) for which call payment wasn’t made. You can check the announcement from the company here.

Hi Shubh, One question. I was entitled for 77 ABFRL rights issue as i has around 456 ABFRL shares.
I applied for more rights issue and got 1591 ABFRL rights issue and for that i have completed all three payments 55, 27.5 and 27.5 latest one. My question is what will happen after 19th July(Cut OFF date). What will happen to my 1591 ABFRL RIghts shares , will it be available again for trading or it will be merged with ABFRL. If i check mail from ABFRL i see this
Upon payment
Shares to reflect in your demat account [bearing ISIN INE647O01011] within 2-3 weeks from Monday, July 19, 2021
Could you please share your valuable feedback? Please help anyone.

As all the call payments have been made, the shares will now be fully paid and will trade under same symbol as the fully paid ABFRL shares.

The ISIN you’ve mentioned is for the fully-paid shares.

Thank You Dear for Clearing my doubts… :+1:

I have 77 rights issues and 77 shares got credited into Demat account.

But as per issue details i am supposed to get 86 shares (9+77) right?

Can someone clarify this ?

Issue details
Ratio 9:77

The company issued 9 REs (Rights Entitlements) for every 77 shares held. This was when the company issued RE’s in July 2020.

This will be the number of rights shares you applied for and held. You would have made call payment for this many shares and same have been credited to your account.

Hi,

I missed the First Call money and was told that is now forfeited. I got a mail in September that the company has decided that people could pay there first call and final call with some interest amount. I have already paid it (decision should be done on 31st september) and now waiting for the shares to be credited. Does someone know how much time they will take to credit the shares??

You can write to the company RTA, they should be able to provide more details. You can get contact information here.

Hi
I buying ABFRL-RE-R shares but not showing in my holding list please guide how to sell the shares

Rights Entitlement (REs) are temporarily tradable securities, which you can use to apply for the rights shares. The REs will lapse and you will lose the premium paid to acquire them if you don’t sell or apply for the rights shares. More details here.

Once the REs stop trading in the exchanges, these will not show up in your holdings on Kite, you can see them on Console holdings.