NSE · Corporate Action · Low
NSE allows trading of Ganga Forging rights entitlements from July 10
Rights Entitlements of Ganga Forging Limited will trade in the Trade to Trade segment under symbol GANGAFO-RE; renunciation window open July 10–15, 2026.
What changed
- Ganga Forging Rights Entitlements admitted for trading under symbol GANGAFO-RE, series BE.
- Trading in Trade to Trade segment, compulsory demat, with a market lot of 1.
- Renunciation period from July 10 to July 15; REs suspended from July 16.
The read
NSE admitted Ganga Forging Limited's Rights Entitlements for trading under the symbol GANGAFO-RE. The 202,196,727 REs will trade in the Trade to Trade segment in compulsory demat mode. The renunciation window is tight: July 10 to July 15. After that, unsubscribed REs lapse. Holders should not confuse REs with ordinary equity—buying an RE only confers the right to apply for the rights issue or renounce it. This is a standard procedural step for the rights issue.
Ganga Forging LimitedGANGAFO-RERights Entitlements
Primary source: official circular (PDF)