How to buy Rights issue for South Indian Bank shares via Angel Broking mobile App

General
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How to buy Rights issue for South Indian Bank shares via Angel Broking App
what is the process to buy via mobile

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Hi @bhuvana86 If you hold shares of South Indian Bank, you might see a new script named “SOUTH-RE” on your watchlist. This is because the bank is currently offering a rights issue.

Here’s the process to follow via app:

  • Check your watchlist for the SOUTH-RE script.
  • Review the information provided by South Indian Bank about the rights issue. This will include details on the subscription price, deadlines, and other important information.
  • Decide whether you want to subscribe for new shares or sell your rights.
  • Consult with your financial advisor if you have any questions or need help making a decision.

Remember: The deadline to subscribe for new shares or sell your rights is March 20th, 2024. Don’t miss out!