Urja Global will issue Right Entitlements (RE’s) to anyone who holds its shares as on record date January 15, 2021.
These RE’s will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the RE’s to apply for the rights shares of Urja Global or you can sell them in the market. You can check the announcement from the company here.
| Issue Details | |
|---|---|
| Ex-Date | January 14, 2021 |
| Record Date | January 15, 2021 |
| Ratio | 7:71 |
| Issue Price | ₹ 5 |
| Issue Period | January 25, 2021 to February 10, 2021 |
| RE Trading Period | January 25, 2021 to February 5, 2021 |
| Tentative Date of Allotment | February 18, 2021 |
| Tentative Date of Listing | February 22, 2021 |
| Schedule | Face Value | Premium | Total |
|---|---|---|---|
| On Application | 0.25 | 1 | 1.25 |
| One or more subsequent Calls | 0.75 | 3 | 3.75 |
| Total | 1 | 4 | 5 |
How to apply for Urja Global Rights Issue?
Once you either receive the RE’s from the company or purchase it from the market, you can apply for the rights shares using Netbanking ASBA or offline by submitting the Application Form or plain paper application to the Designated Branch of the SCSB (Self Certificate 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 through Netbanking ASBA.
In case you’re facing any difficulties applying for Rights Issue, you can get in touch with the RTA to the issue Alankit Assignments Limited at
011 42541955 or at: [email protected]
