Daily Archives: November 12, 2021

HDFCsec is not allowing shareholders to subscribe to rights of smaller companies like Vikas Lifecare

Shareholders of Vikas Lifecare cannot subscribe to the rights issue through HDFCsec, since it is only listing some companies like the reliance right issue
The domain investor wanted to subscribe to Vikas Lifecare, it was only possible through the Alankit website.
Even at the Alankit website, the investor had to make the payment using UPI or netbanking only from the registered bank account, they were not allowed to make an ASBA payment from the registered bank account, use a credit or debit card
In some cases, netbanking is not enabled for the bank account used with HDFCsec, so it is not possible to make payment, though the shareholder is interested

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