Sellers sold their holdings today(Ex-date) will be eligible for the entitlement. Any transaction takes two days for settlement(T+2). Therefore, those sold today their settlement date is Wed 7th Sept. The record date for eligibility to Right issue is tomorrow 6th Sept. That's means who sold today, their holdings wouldn't be transferred before Wed, 7th Sept(T+2 i.e. Trade + 2days) and technically they're currently the registered owner of the shares until tomorrow evening i.e. record date and are entitled to the right issue.
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Sellers sold their holdings today(Ex-date) will be eligible for...
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