The trading of rights entitlements commences on the opening date for the rights issue announced by the company. It generally closes 3-4 working days before the rights issue closure day.
The listing of rights entitlements is subject to the company’s decision. If a company decides to list the right entitlements on the exchange as a part of the rights issue, the event will be announced before the listing through circulars.
Note: trading is not permitted using rights entitlement as their settlement happens on a T+1 day basis.