Eligibility of Right Issue of Shares
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Juhee Goyal /
Published on :
14-Apr-2023 08:26 AM /
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373 /
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Hi Friends!
Would an individual be eligible for the rights issue if shares are purchased on the ex-date/record date?
Read more on : shares issue right eligibility
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Posted By : Juhee Goyal /
Published on :
22-Aug-2023 05:29 AM /
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307 /
Comments : 2
Hello Everyone!
Whether the concept of Alternate Director also applicable in case of Foreign Director as he is already residing outside India ?
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Posted By : Juhee Goyal /
Published on :
22-Aug-2023 05:26 AM /
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353 /
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In case of appointment of Alternate Director, whether the Master Data of the Company reflects the Original Director too ?
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Posted By : Juhee Goyal /
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15-Jul-2023 04:55 AM /
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327 /
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Hi Everyone!
In what circumstances, special notice is required for the appointment of person other than the retiring auditor ?
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Posted By : Juhee Goyal /
Published on :
14-Jul-2023 05:05 AM /
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289 /
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What is the offer period of private placement offer cum application letter in case shares are issued on private placement basis ?
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Posted By : Juhee Goyal /
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13-Jul-2023 05:56 AM /
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477 /
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Is it possible to file the Unaudited Financial Statements of a Company, if yes, whether there is any option to file the Audited Financial Statements after filing of Unaudited Financials ?
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Posted By : Juhee Goyal /
Published on :
12-Jul-2023 05:07 AM /
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306 /
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If an individual does not hold majority stake in the member company of the reporting company, whether filing of BEN-2 is applicable or not?
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Posted By : Juhee Goyal /
Published on :
28-Jun-2023 08:39 AM /
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324 /
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Hi Everyone!
Are there any restrictions or limitations on the number of foreign directors in an Indian Company ?
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Posted By : Juhee Goyal /
Published on :
27-Jun-2023 04:13 AM /
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254 /
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Hi Folks!
Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return?
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In order to be eligible for a rights issue, an investor must hold shares of the company on the record date set by the company. The record date is typically a few days after the ex-date, which is the date on which the shares begin trading without the rights entitlement.
If an individual purchases shares of the company on the ex-date or after, they will not be eligible for the rights issue because they would not have been a shareholder on the record date.
However, if the individual purchases shares of the company before the ex-date, they will be entitled to participate in the rights issue and can exercise their right to purchase additional shares at the discounted price offered through the rights issue.
It is important for investors to carefully review the terms and conditions of the rights issue, including the record date and the subscription price, before deciding whether to participate in the rights issue.