I want to know about the right issue

General
1

I am trying to get clarity on the right issue process, but I have been unable to reach customer care at 022-24229920 despite multiple attempts. The chat service is also not functioning properly, and the AI support is not understanding my query.

I hold 1,110 shares of HCC and 1,841 shares of Patel Engineering. In my demat account, it shows rights entitlement (RE) of 488 for HCC and 322 for Patel Engineering.

However, during the trading session, I purchased 3,500 RE shares of Patel Engineering and 2,000 RE shares of HCC, which is much more than the RE quantity originally allotted to me.

I want to understand:

  1. What will happen to the additional right issue shares (REs) that I purchased beyond the quantity originally shown in my demat account?

  2. Will I be able to apply for all the rights shares I bought?

  3. If not, what is the process or outcome for the extra REs I have purchased?

2

Hi @APURV_1789353,

  1. You can apply for these shares via the bank linked to your demat account or trade them back in the open market before the closing date.

  2. Yes.

  3. You will have to either apply for the total amount of shares as per your RE holdings or you can trade them back during the market hours. Please remember that if you do not do anything before the closing date, the RE will lose its complete value.

The dates are as follows:

HCC
The renunciation date - Dec 17, 2025
Issue close date - Dec 22, 2025

Patel Engineering
The renunciation date - Dec 16, 2025
Issue close date - Dec 19, 2025

Also, we encourage you to double check the dates once as well. Hope this answers your query.