Rights issue
This query is : Resolved
nidhi chauhan
(Querist)
21 July 2010
Dear all,
Can anyone guide me what are the rules for pricing the shares in case of rights issue of shares if the issue for less than 50 lakhs?
Can anyone guide me what are the rules for pricing the shares in case of rights issue of shares if the issue for less than 50 lakhs?
Ankur Garg
(Expert)
21 July 2010
Kindly visit the link below:
https://www.caclubindia.com/articles/procedure-for-issue-of-right-shares-with-letter-of-offer-2777.asp
https://www.caclubindia.com/articles/procedure-for-issue-of-right-shares-with-letter-of-offer-2777.asp
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nidhi chauhan
(Querist)
21 July 2010
Dear Mr. Ankur
I want to know the rules regarding the pricing in case of rights issue, whereas your document does not specify that.
thanks and regards
nidhi
I want to know the rules regarding the pricing in case of rights issue, whereas your document does not specify that.
thanks and regards
nidhi
22 July 2010
There are no rules for pricing of rights issues. It is completely dependent on the Board decision. Based on my experience of handling rights for listed companies
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