Right issue of shares

Can a right issue of shares be made to Mr. A (shareholder) at Rs. 15 and to the remaining shareholders at Rs. 10 under the same issue?

Replies (2)
Quick Summary
This discussion addresses whether a company can offer shares at different prices during a rights issue – specifically, Rs. 15 to one shareholder and Rs. 10 to others. While initially referencing Section 23 of the Companies Act 2013, the user couldn't find a clear prohibition. The conversation also touches upon how to rectify such an issue if it has already been implemented incorrectly.

No, kindly refer chapter 3, section 23 of companies act 2013 .
Thank you. But I couldn't seem to find anything relevant in the Act. If such an issue has been made, how do we undo it?

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