Spencer's RE shares @ 20.02

[Man1]

Bought 1210 shares of Spencer RE @ 22.02
How to proceed

[ShubhS9]

Read the following post, it has been explained here.

All You Need To Know About Spencer's Retail Rights Issue

Spencer’s Retail will issue Right Entitlements (REs) to anyone who holds its shares as on July 29, 2020. 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 Spencer’s Retail or you can sell them directly. You can check the announcement from the company here . Issue details Ratio 2:15 Issue Price ₹ 75 Issue Period August 4, 2020 to August 18, 2020 RE Trading Period August 4, 2020 t…