When a company wants to raise capital, issue of fresh shares to the existing shareholders is one option available to the company. In such an issue, existing shareholders have the right to buy a specified number of new shares of the company at a specified price within a specified time. Usually this price is below the market price. The idea is to reward existing shareholders with an investment opportunity, which is perceived to be attractive.
The process of applying for a rights issue is through ASBA (Applications Supported by Blocked Amount). If your bank supports it, you can apply online just like an IPO. If not then you would have received a courier of the Composite Application Form ...
Rights Entitlements (REs) which are neither subscribed nor renounced on or before the Issue Closing Date are lapsed post closure of the issue and the ISINs linked to these REs shall stand suspended.
A bonus share is a free share of stock given to current shareholders in a company, based upon the number of shares that the shareholder already owns. While the issue of bonus shares increases the total number of shares issued and owned, it does not ...
Login to AAA and use AAA help, ticket can be raised using Subject Head FAN Team, Sub Subject-Idea Sim related query, Third Level Drill down-Network Issue and attach the duly filled excel sheet in below format. The Department will update the status in ...