Questions

How can I claim Reliance share?

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How can I claim Reliance share?

Procedure to claim Dividend from IEPF: Read the instructions provided on the website/instruction kit along with the e-form carefully before filling the form. After filling the form save it on your computer and submit the duly filled form by following the instructions given in the upload link on the website.

Where can I apply for Reliance rights issue?

There are two ways to apply for RIL rights issue:

  • Through net banking. Login to your bank account online. In this example, we have used ICICI Bank. Go to the Investments section and click on ‘Invest Online’.
  • Through RTA website. Go to the website https://rights.kfintech.com. Click on ‘Apply for rights issue through RWAP’.

Can we apply for more shares in Reliance rights issue?

If a shareholder has 15 shares of Reliance industries in a DEMAT account on the Record date, and the company announces the rights issue with a ratio of 1:5, then you will be allowed to apply for 3 more shares for holding 15 shares.

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How do I apply for rights?

The process of applying for a rights issue is through ASBA (Applications Supported by Blocked Amount). If your bank supports it, you can apply online just like an IPO. If not then you would have received a courier of the Composite Application Form (CAF) from RTA (Registrar and Transfer Agent) of the company.

How can I pay Reliance right issue share?

Reliance in the notice said the Second and Final Call can be paid through online ASBA, Physical ASBA, 3-in-1 account, R-WAP facility (enabled for Net-banking, UPI, NEFT and RTGS payments) and payments through cheque/demand draft.

How many shares can I buy in Reliance rights issue?

Reliance Industries recently informed its investors that for every 15 shares held on the record date 14th May 2020, they are entitled to buy the rights for 1 share. So if you hold 345 shares of RIL, you will be eligible to purchase the rights for 23 shares.

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How do I claim right issue?

It is very similar to an IPO application.

  1. Investors can visit their brokerage account online, go to the ASBA services option.
  2. Select the IPO/FPO/BUYBACK option that will show all the Rights issues available.
  3. Fill in the quantity you want to buy and submit the application.
  4. Check the terms and conditions box.

Who can buy Rights Issue?

As per the release, a shareholder can buy 1 rights issue share for every 14 shares he/she holds as per record date which is set on September 28.