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Rights Issue to NRI

This query is : Resolved 
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(Querist)
04 November 2022 Please guide if there is a requirement of Valuation certificate in case of Rights Issue to the Non Resident Holder by an Indian company (unlisted company)?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 November 2022 Valuation not required but but the rate should be equal to the resident Share holders
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ayushi lavania

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ayushi lavania (Querist)
07 November 2022 Thanks for the guidance, sir
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