Shangar Decor rights issue

SHANGAR

0.33

0.01 (-2.94%)
Last updated on 1 Oct, 2025 | 15:51 IST
BUYSELL
Today's High

0.35

Today's Low

0.33

52 Week Low

0.33

52 Week High

2.41

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Shangar Decor Right Issue Details

Record Date

28-Oct-2024

Price

0.76

Ratio

7:1

Face Value

5

Upcoming Rights Issue Of Shares

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Shangar Decor FAQs

The subscription period for Shangar Decor’s rights issue is 03-09-2024 to 28-10-2024. The record date will be 28-10-2024. The subscription window period is usually 15 to 30 days.

As per the ratio of 7:1, the issue price of the shares under Shangar Decor’s right issue on the record date of 28-10-2024 is 0.76 per equity share.

You can apply for Shangar Decor’s right issue online if your bank supports the Applications Supported by Blocked Amount (ASBA) process.
For offline, Shangar Decor’s Registrar and Transfer Agent (RTA) sends the Composite Application Form (CAF) to each shareholder entitled to receive the Rights Issue. Fill out and submit the form to a Self-Certified Syndicate Bank (SCSB) branch (WEB).
Alternatively, you can use your bank account sharing the same PAN number as your Choice Demat account to apply for Shangar Decor's rights issue.

The record date for Shangar Decor rights issue 2024 is 28-10-2024

The last day to apply for Shangar Decor’s rights issue is 28-10-2024. This date typically falls within a period of 15 to 30 days, from the Rights Issue Opening Date, which in this case is 03-09-2024.

Yes, subscribing to Shangar Decor’s right issue has certain tax implications:
  1. Subscription: There’s no immediate tax liability. The cost of acquisition is the subscription price plus transaction charges.
  2. Capital Gains on Sale:
    • Short-Term: Gains from shares sold within 12 months are taxed at 20%.
    • Long-Term: Gains from shares held over 12 months are taxed at 12.5% (exceeding ₹1.25 lakh annually).
  3. Renunciation:
    • Selling rights entitlement attracts capital gains tax.
    • Gifted rights have no immediate tax but may impact the recipient later.
  4. Dividend Income: Taxed at the shareholder's applicable slab rate.
You may consult a tax professional or review the latest tax laws for specific advice.
Shangar Decor Rights Issue 2025 - Price, Record Date & Ratio | Apply Online