Everything you need to know about the SEPC Limited rights issue 2023

[ShubhS9]

@Krish_Sarkar

one more thing😅 i heard they are giving 1 share for 36 re share, and i bidded for 59 shares which means i should get 1.6 share but as its in decimal it will round off to 1 share…and i loss

now can i add more bid?? for 23 units which will give me 2 sepc-ltd share.

Ah, the ratio of 1 share for 36 shares is to give “Rights Entitlements” to the shareholders. Not for those who apply for rights issue.

Since you hold 59 REs and have applied for 59 shares, you will be guaranteed allotment for those shares.

[Krish_Sarkar]

so it means i will get 59 sepc-ltd shares??

[ShubhS9]

@Krish_Sarkar

so it means i will get 59 sepc-ltd shares??

Yes.

[Sanjay_Jain]

I have a doubt. I hold 1000 sepc shares and received 27re shares against it. Now I applied for roughly 1500 shares via ABSA. How many shares I can expect to receive via right issues at minimum.

[Krish_Sarkar]

i havent got any shares yet in my demat account

[ShubhS9]

@Krish_Sarkar

i havent got any shares yet in my demat account

Dates are tentative and sometimes there can be a delay.