# Everything you need to know about SEPC Limited rights issue
**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629
**Category:** Announcements
**Created:** [April 9, 2023, 5:50pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629 "2023-04-09T17:50:32Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@MayurBennadi](https://tradingqna.com/u/MayurBennadi)
#### Post date: [April 9, 2023, 5:50pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629/1 "2023-04-09T17:50:32Z")
SEPC Limited (SEPC) has announced a rights issue of 4.99 crore equity shares aggregating up to Rs. 49.9 crores. The rights issue opens for subscription on April 10, 2023, and will close on April 24, 2023.
Anyone who holds shares of SEPC Limited as of March 29, 2023 (record date) will be eligible for receiving Rights Entitlements (REs). These REs will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the REs to apply for the rights shares of the company or you can sell them in the market.
You can check the announcement from the company [here](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d0cd38a-bee5-4db4-970d-0cd2603528d1.pdf).
You will be eligible for Rights Entitlements (REs) if you’ve bought the shares on or before March 28, 2023. The ex-date is March 29, 2023.
### Rights Issue Details
| | |
| --- | --- |
| Issue Period | April 10, 2023 - April 24, 2023 |
| RE Trading Period | April 10, 2023 - April 18, 2023 |
| RE Symbol | SEPC-RE |
| Issue Price | Rs. 10 per share |
| Ratio | 2:53 |
| Ex-date | March 28, 2023 |
| Record Date | March 28, 2023 |
| Tentative Date of Allotment for rights shares | May 3, 2023 |
| Tentative Date of Credit of rights shares | May 5, 2023 |
| Tentative Date of Listing for rights shares | May 8, 2023 |
# How to apply for SEPC Limited Rights Issue?
Once you either receive the REs from the company or purchase them from the market, you can apply for the rights shares using the below methods;
- Online via Netbanking ASBA
- Offline by submitting the [Application Form](https://www.bseindia.com/downloads/ipo/application%20form_050420231837.pdf) to the nearest branch of [SCSB (Self Certified Syndicate Bank)](https://www.bseindia.com/downloads/ipo/application%20form_050420231837.pdf)
You can check the application process [here](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
You will need to enter your Demat account’s [Beneficiary Owner ID](https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/what-is-my-bo-id) which is a 16-digit number while applying for the rights issue.
**The option to apply for rights shares through the RTAs portal is not available for this rights issue.**
#### What will happen to my purchased holding of RE shares if I do not apply for the rights issue?
Your REs will lapse and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities which will lapse if not renounced/exercised once the trading window is closed.
#### I don’t have the shares but bought REs, am I still eligible to apply for the rights issue?
In case you have bought REs but don’t have shares, you’re still eligible for the rights issue. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it. If you don’t take any action, and let the REs remain in your Zerodha account, they will lapse after the issue.
You can read more FAQ’s on Rights Issue and Rights Entitlements [here](https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/rightsentitlement).
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### Author:  [@Deepak\_Kammar](https://tradingqna.com/u/Deepak_Kammar)
#### Post date: [December 1, 2023, 8:03am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629/2 "2023-12-01T08:03:34Z")
Can we have the details of the latest rights issue announcement?
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### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [December 1, 2023, 10:16am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629/3 "2023-12-01T10:16:54Z")
> [@Deepak\_Kammar](#):
>
> Can we have the details of the latest rights issue announcement?
Yes, Deepak. We’ll make the post for the latest rights issue in the coming days one all details are confirmed. Will update here once done.
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### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [January 25, 2024, 4:02am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-sepc-limited-rights-issue/145629/4 "2024-01-25T04:02:32Z")
Another RIGHTS MEET on 29.01.2024 … this will be THIRD rights issue in about 9-10 months …perhaps first ever case in bse/nse history ?