Everything you need to know about Bella Casa Fashion & Retail Limited Rights Issue

Bella Casa Vogue & Retail Restricted (BELLACASA) has introduced a rights situation of 19,12,500 fairness shares aggregating as much as Rs. 49.92 crores. The rights situation opens for subscription on October 30, 2024, and closes on November 14, 2024.

Anybody who holds shares of Bella Casa Vogue & Retail Restricted as of October 19, 2024 (document date) can be eligible for receiving Rights Entitlements (REs). These REs can be briefly traded on the inventory exchanges and can then be extinguished. You’ll be able to both use the REs to use for the rights shares of the corporate or you may promote them available in the market.

You’ll be able to verify the announcement from the corporate right here.

You’ll be eligible to obtain Rights Entitlements (REs) if you happen to’ve purchased the shares on or earlier than October 18, 2024. The ex-date is October 19, 2024.

Rights situation particulars

The best way to apply for Bella Casa Vogue & Retail Restricted Rights Difficulty?

When you both obtain the REs from the corporate or buy them from the market, you may apply for the rights shares utilizing the beneath strategies;

You’ll be able to verify the applying course of right here.

You will want to enter your Demat account’s Beneficiary Proprietor ID which is a 16-digit quantity whereas making use of for the rights situation.

The choice to use for rights shares by way of the RTAs portal will not be obtainable for this rights situation.

What is going to occur to my bought holding of RE shares if I don’t apply for the rights situation?Your REs will lapse and you’ll lose the premium paid to accumulate them. The RE can be within the type of momentary demat securities which is able to lapse if not renounced/exercised as soon as the buying and selling window is closed.

I don’t have the shares however purchased REs, am I nonetheless eligible to use for the rights situation?In case you’ve got purchased REs however don’t have shares, you’re nonetheless eligible for the rights situation. Chances are you’ll apply for the rights shares both by way of the RTA’s portal or by way of internet banking ASBA in case your financial institution permits it. When you don’t take any motion, and let the REs stay in your Zerodha account, they may lapse after the difficulty.

You’ll be able to learn extra FAQs on Rights Difficulty and Rights Entitlements right here.