Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Yes, you can apply for a rights issue provided you acquire Rights Entitlements (REs) during the trading period in case of a renounceable rights issue.
Even if you are not a shareholder on the record date, you can become eligible by buying REs from existing shareholders on the stock exchange. Once the REs are credited to your demat account, you can use them to apply for the rights shares within the issue period.