Rights issue ratio calculation

CS Arjun Rajagopal (B.com, ACS) (1056 Points)

27 August 2016  

Dear CCI Members,

Please advise the rights issue ratio calculation from the following figures:_

Existing fully paid up shares :30,70,410

No. of shares to be issued :6,57,500

Amount to be raised :Rs. 65,75,000

No. of shareholders: 19

It would be much helpful if calcualtion formula can be mentioned