Everything You Need to Know About the Compuage Infocom Ltd Rights Issue

Compuage Infocom Ltd (COMPUAGE) will issue Right Entitlements (RE’s) to anyone who holds its shares as of November 14, 2022 (record date). 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 Compuage Infocom Ltd or you can sell them in the market. You can check the announcement from the company here.

You will be eligible to receive Rights Entitlements (REs) if you have bought the shares on or before November 14, 2022. The ex-date is November 14, 2022.

Issue Details
Ex-Date November 14, 2022
Record Date November 14, 2022
Ratio 8:25
Issue Price ₹ 20
Issue Period November 23, 2022 to December 2, 2022
RE Trading Period November 23, 2022 to November 29, 2022
Tentative Date of Allotment December 13, 2022
Tentative Date of Listing December 21, 2022

How to apply for Compuage Infocom Ltd 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 Netbanking ASBA or offline by submitting an Application Form to the nearest branch of SCSB (Self Certified Syndicate Bank) . You can check the process in this post .

You will need to enter your demat account’s Beneficiary Owner 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.

If you face any difficulties applying for the rights issue, you can get in touch with the RTA at [email protected] or at +91 81081 14949.

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.

1 Like

I have chacked HDFC netbanking and do not see Compuage listed. Do I have to go through physical mode? I dont want want to sell

If you have another bank account and if there is an option to apply for Conpuage Infocom rights issue on their portal, you can apply from there. The account you use for applying for rights shares doesn’t need to be linked to your trading account, just that it should be in your name.

If not then the only alternative is to make an offline application.

Ok. Thank you… HDFC has now added compuage to netbanking. However, they forgot to update tick size. so it always throws an error :man_facepalming:


They have fixed tick size now