The Registrar and Transfer Agent (RTA) of Reliance Industries Limited will check the eligible shareholders who hold the shares of the company as on the record date 14th May 2020 and send the rights application form electronically to the email ID mapped in their demat account. The issue will be open between May 20th and June 3rd.

The RTA will also credit the rights entitlement (RE) receivable by you to your demat a/c. You'll be able to see this in your demat holdings with the name "RELIANCE IN-RE PP EQ"  (ISIN: INE002A20018).

The quantity of Reliance RE shown in your demat holdings will be based on the quantity held by you on the record date. The rights entitlement ratio is 1 (one) equity share for every 15 (fifteen) equity shares held as on the record date. In case you do not want to apply for the rights, you can sell these REs after they are credited to your demat account like you sell shares from your holdings.

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 20th, 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.

Visit https://rights.kfintech.com/ on or after 20th May until 3rd June & click on "R-WAP" option (Image shown below) to make payment & apply for the rights issue.