If an individual purchases REs without holding any shares, are they eligible to apply for REs?

If an individual pAurchases REs without holding any shares, are they eligible to apply for REs?

  1.  Even if one does not hold any shares, they are still eligible for the rights issue. They can apply for the rights shares either through the RTA's portal or via net banking ASBA if their bank permits it. However, if no action is taken and the REs are left in the Jainam account, they will lapse after the issue.