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Reliance Rights Issue How To Apply PDF
Reliance Rights Issue How To Apply PDF
RIGHTS ISSUE
About Reliance Industries Ltd’s Rights Issue
Reliance Industries’ proposed rights issue, the biggest-ever equity fund raise by an Indian company, is set to
open on May 20, 2020. This proposed rights issue is aims at deleveraging and becoming net debt-free by
March 31, 2021. RIL will issue 42,26,26,894 equity shares totaling ₹ 53,125 crore. All the shareholders
holding Reliance shares as on or before May 14, 2020 are eligible for this Rights Issue.
How to apply?
Note:
-Third-party transactions or payments won't be accepted.
-Investors can make payment only using bank account held in their own name.
-A broker cannot collect the application form and submit the application on behalf of any client.
-An application cannot be made by cash / cheque.
Applying through Karvy Fintech platform – Step 1
SEBI has allowed the process to subscribe to the rights issue to be slightly modified during the lockdown period. Once the issue opens on
May 20, you will be able to visit the RTA's website and directly pay for your application from your bank account using the RTA's payment
gateway. The RTA will collect the DP ID & Client ID, PAN and Bank account details on their website.
Visit
https://rights.kfintech.com/
to apply for the rights issue
Click on Submit.
Applying through Karvy Fintech platform – Step 4
Click on Proceed
Applying through Karvy Fintech platform – Step 6
Once this is done the Application will be submitted and Funds will be blocked.
On the date of Issue if shares are allotted to you then they would reflect in
your Demat Account and Amount will be debited from your Bank Account.
FAQs
1. How to participate in the Rights Issue for non-institutional investors Shares are in Demat form?
(a) ASBA facility - Application form can be submitted in physical mode at bank branches or through Net Banking (most large
banks incl. Axis, HDFC, ICICI, SBI, Kotak) have enabled application through net banking platform just like IPO application)
(b) R-WAP - Registrar’s web based application platform at https://rights.kfintech.com. Investors can submit the online
Application Form and make online payment using their internet banking or UPI facility.
3. Will the Rights Equity Shares trade along with the currently listed Equity Shares of the Company?
Rights Equity shares are Partly paid up shares and will be allocated a separate ISIN. Hence, it will not trade with the currently
listed equity shares of the company. It will trade separately. Once the entire call money is raised and the right equity shares are
fully paid-up, the rights equity shares will trade along with the currently listed equity shares of the company.
Get further information about the Reliance Industries Ltd’s Rights Issue by clicking here.
Some Important Links
Registrar
Karvy Fintech https://rights.kfintech.com
Global Co-ordinators
JM Financial Limited www.jmfl.com
Kotak Mahindra Capital Company Limited www.investmentbank.kotak.com
Lead Manager`
Axis Capital Limited www.axiscapital.co.in
BNP Paribas www.bnpparibas.co.in
Citigroup Global Markets India Private Limited www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
DSP Merrill Lynch Limited www.ml-india.com
Goldman Sachs (India) Securities Private Limited www.goldmansachs.com
HDFC Bank Limited www.hdfcbank.com
HSBC Securities and Capital Markets (India) Pvt. https://www.business.hsbc.co.in/en-gb/in/generic/ipo-open-offer-and-
Ltd. buyback
ICICI Securities Limited www.icicisecurities.com
IDFC Securities Limited www.idfc.com/capital/index.htm
J.P. Morgan India Private Limited www.jpmipl.com
Morgan Stanley India Company Private Limited www.morganstanley.com/about-us/global-offices/asia-pacific/india
SBI Capital Markets Limited www.sbicaps.com
Thank You
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