right shares in future & option

This query is : Resolved 

05 May 2008 suppose i am holding the shares a company & that company is coming up with right issue . so my question is that can i get the shares in right isssue

05 May 2008 yes u will get if u hold the shares on record date.

05 May 2008 The term right issue means giving a right to the existing shareholders to subscribe to the new issue before moving to the general public to subscribe.

Since you are holding the shares of the company, you will be given an oppurtunity to subscribe to the right issue provided you hold the shares on the record date.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries