How can investors holding REs in demat form renounce it?

• Investors holding REs in dematerialised mode shall be able to renounce their entitlements by trading or off-market transfer. 
• Such trades will be settled by transferring dematerialised REs through a depository mechanism in the same manner as done for all other types of securities. 
• The transactions in REs will be settled on a trade-for-trade basis.