# Everything you need to know about the M&M Financial rights issue

**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-the-m-m-financial-rights-issue/84549
**Category:** Announcements
**Created:** [July 20, 2020, 11:42am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-m-m-financial-rights-issue/84549 "2020-07-20T11:42:31Z")
**Posts on this page:** 1
**Showing post:** 330

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### Author: ![ShubhS9](https://tradingqna.com/user_avatar/tradingqna.com/shubhs9/32/32667_2.png) [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [July 29, 2020, 7:43am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-the-m-m-financial-rights-issue/84549/330 "2020-07-29T07:43:30Z")

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> [@Samrat\_Raja](#):
>
> I have 500 RE shares in my demat account. I am making the payment through UPI. Am i supposed to fill any application form and submit before making the payment

The process to apply has been explained here.

> # How to apply for the Mahindra Financial 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](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3). You can verify your entitlement on the [website of the Registrar & Transfer Agent](https://rights.kfintech.com/mahindra/). The website will not be completely live until the issue opens.
> 
> 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 either on the RTA’s website or through your bank.

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