Any shareholder who have company’s shares in their demat account on the record date is called Eligible Shareholders. He can act in any of the following ways:
- Use Rights Entitlement (RE) to apply for Rights Shares to the full extent or a part of it without renouncing the remaining RE.
- Apply for Rights Squity shares using a part of Rights Entitlement and renounce or transfer other part.
- Apply for Rights Shares to the full extent of Rights Entitlement and apply for additional Rights Shares as well.
- Renounce Rights Entitlement in full on the exchange.