I have buyed the stock M&M RE for right entilment

I have buyed the stock M&M RE for right entitlement, what if I didn’t pay the right issue amount, what will happen to my shares named RE, anyone explain plz. thank you

If you don’t apply for Rights Issue, your RE’s will expire worthless and you will lose all the money you paid to purchase RE’s.

More details on Rights Issue are given here Everything you need to know about the M&M Financial rights issue

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