Rights issue

This query is : Resolved 

21 July 2010 Dear all,

Can anyone guide me what are the rules for pricing the shares in case of rights issue of shares if the issue for less than 50 lakhs?

21 July 2010 Kindly visit the link below:

https://www.caclubindia.com/articles/procedure-for-issue-of-right-shares-with-letter-of-offer-2777.asp

21 July 2010 Dear Mr. Ankur

I want to know the rules regarding the pricing in case of rights issue, whereas your document does not specify that.

thanks and regards
nidhi


22 July 2010 There are no rules for pricing of rights issues. It is completely dependent on the Board decision. Based on my experience of handling rights for listed companies



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