Last updated: 06 Oct, 2021 | 02:43 pm
About Bharti Airtel’s rights issue
How to participate in the rights issue?
A few FAQs for eligible investors
Is it necessary to apply for all eligible shares?
No. In case you are eligible to invest for 10 shares in the rights issue, you can choose to apply for only 5 shares, and renounce 5 shares.
In case you do not want to apply for the rights, you can sell these Rights Entitlement (RE) in the LIVE market from your holdings. You will find this under Bharti Airtel-RE in your broker’s trading portal. Bharti Airtel’s Rights Entitlement closed at Rs 207 on BSE this afternoon.
Can I apply for more shares than I’m eligible for?
Yes, you can. As a lot of eligible investors may wish to not exercise their rights to the full extent, you can apply for more than your eligibility.
Bharti Airtel Rights Issue: INDmoney Analysis
Bharti Airtel RE is trading at a 35% premium to its intrinsic value (the difference between Airtel’s share price and the Rights issue price of Rs 535). Here’s what investors can do: