(1)even as an applicant you have to sign the form that you are seeking the shares. a cheque can be of anybody ( write caf no ,dpid-client id on back ) but the applicant will be you only unless you renounce it.
(2) based on my personal experience i can say that signature is not verified in rights application either way be it if you are the shareholder applying as self or even when you renounce it.
(3)so take your call if you want to use your fathers cheque to buy shares for you (part A of caf ) or want to renounce in favour of father ( part B ) so that he can apply in part C. all options are open if you are using cheque means non asba.
@mohitmehra
Those who bought shares on 28th March are not eligible for Rights Issue ?
As I am getting “Record Not Found” error on BigShare.
Also, my friend got Rights only for shares held before 28th, Shares bought on 28th not reflected in his CAF.
100 % eligible for rights if purchased on March 28 . if not received means your broker failed to credit your purchase as per schedule.you have every right to claim .
LAST date to buy WITH RIGHTS WAS 28 MARCH . the share must be credited to your demat on April 02 which was record date . please note that March 30 ,31 were saturday-sunday and April 01 was settlement holiday (not trading holiday ).hence shares should be to your demat on April 02.
if not received rights offer means not credited by broker to demat.
Can some one guide me the process of applying for a rights issue is through ASBA using SBI because when i opened it is not showing vodafone idea foa applying
broker received rights offer on your behalf since he failed to deposit your purchased shares as per schedule on record date . since this is case with many investors he got a consolidated rights form say for 25000 shares . now he must request many split forms based on investors entitlement. last date for split form request is 18 April.
Looks only 2 L you can apply through here … How to apply for more shares if you are eligible for applying for multiple shares . Also do we need to write CAF number here ?
You can apply for more also from here but it is not showing in mine because i am a retail investor therefore it won’t allow me to do more than 2 lakhs, if you are different category then you can go for more.
And yes you have to provide CAF no. there.