Poonawalla fincorp
Poonawalla fincorp

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 September 2015 4. A Company is planning to raise funds by making rights issue of equity shares to finance its expansion. The existing equity share capital of the
company is Rs. 10000000. The market value of its share is Rs. 67. The company offers to its shareholders the right to buy 2 shares at Rs. 20 each
for every 5 shares held. You are required to calculate the value of rights.
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
28 September 2015 ask all question in forums regarding book or pm for better clarifications..

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