How can investors holding REs in Demat form renounce it?

Investors holding Rights Entitlements (REs) in Demat form can renounce them in two ways. They may opt for on-market renunciation by selling the REs on the stock exchange through a broker, or choose off-market renunciation by transferring them directly through their Depository Participant (DP). In both cases, the renunciation must be completed within the specified renunciation period.