Hi Nishith,
Let me quickly explain you about REs
- REs are temporary demat securities that represent the shareholder’s eligibility to apply for the rights issue.
- REs are offered to shareholders as a ratio to the number of securities held on... (More)
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FYERS WebRights Issue
Dear @Tejas Khoday @Vanshika Singh @Anirban Kanrar
I received this message few minutes ago. Kindly help me to understand it better. I know AsianTiles stock is going with Rights Issue. But don't know how to participate in it.
Message :... (More)
Rights Issue is done by the companies in order to fresh capital, not by going public though. It rather offers the shares to only a selected group of people, i.e., their existing shareholders at a discounted price. They are offered... (More)