Rights Entitlements listing in Aug 2025 - Spandana Sphoorty Financial
When a company needs to raise money, it can do a rights issue, offering new shares to its existing shareholders. As part of a rights issue, eligible shareholders are allotted Rights Entitlements (REs) in their demat accounts under a separate ISIN created by the company. These REs are not actual shares but give shareholders the option to apply for rights shares. They exist as temporary securities and will expire if not exercised or sold within the specified timeframe.
REs are offered to shareholders based on a ratio of existing equity shares held as on the record date. Following is the list of RE to be listed in August 2025:
Company | Rights Entitlement | ISIN | Listing date | Last trading date | Last date to apply for rights shares |
Spandana Sphoorty Financial | SPAND-RE | INE572J20011 | 1 Aug | 6 Aug | 11 Aug |
Spandana Sphoorty Financial Limited Rights Entitlement
Spandana Sphoorty Financial Limited (SPANDANA) is offering a rights issue of 1,73,91,304 equity shares worth up to ₹400 crores.
The subscription period is from Aug 1 to Aug 11. Shareholders as of July 24, 2025, will receive rights entitlements. The eligible shareholders are being offered 10 rights equity share for every 41 fully paid-up equity shares held by them on the record date of July 23, 2025. These REs can be traded temporarily on the stock exchanges or used to apply for the new shares. Alternatively, you can sell them in the market.
Overview:
Issue Period | Aug 1, 2025 - Aug 11, 2025 |
RE Trading Period | Aug 1, 2025 - Aug 06, 2025 |
RE Symbol | SPANDANA-RE |
Issue Price | Rs. 230 per share |
Ratio | 10:41 |
EX-date | July 24, 2025 |
Record Date | July 24, 2025 |
How to apply for rights issue?
You can apply for their rights Issue in two ways:
- Online using net banking ASBA
- Registrar's Website (R-WAP Facility)
If you want to apply for REs of the above companies and need help, then please reach out to our customer support desk at 0731-4217003 or email us at customersupport@arihantcapital.com.
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