Rights Issues declared companies in India 2006

Rights Issue is an invitation to the existing shareholders to purchase the additional shares of the company within a specific period at a discounted price. Unlike IPO, the rights issue is not offered to the general public but only to the existing shareholders in proportion of their existing holdings.

The eligible shareholders can either subscribe for the rights issue partly or fully or can let the rights lapse by not opting to exercise their rights to purchase the additional shares; or can transfer their rights entitlements to other persons. The transfer of rights to other persons can be done by the trading of rights entitlements on a stock exchange similar to equity shares known as 'renunciation of rights issue'.

The rights issue offers benefits to eligible shareholders as it helps them acquire additional shares at a premium compared to the market price. However, one should study the company's performance before subscribing to the issue as unlike bonus shares, the rights issue comes with a price.

All Companies List who Declared Rights Issues (2006)

• Company	Rights Ratio	FV	Premium	DATE
  				Announcement	Record	Ex-Rights
  Bengal Tea	1:2	10	10	29 Apr, 2006	05 Jan, 2007	28 Dec, 2006
  Ennore Coke	30:1	10	10	15 Dec, 2006	08 Jan, 2007	27 Dec, 2006
  Kirloskar Ferro	9:10	5	30	24 May, 2006	27 Dec, 2006	19 Dec, 2006
  Karur Vysya	1:2	10	60	25 May, 2006	20 Dec, 2006	13 Dec, 2006
  Dutron Polymers	1:1	10	10	22 Feb, 2006	20 Dec, 2006	13 Dec, 2006
  AB Nuvo	2:17	10	783	11 Sep, 2006	08 Dec, 2006	01 Dec, 2006
  Digispice Tech	1:1	3	7	14 Mar, 2006	01 Dec, 2006	24 Nov, 2006
  Lakshmi Vilas	1:1	10	40	06 Jul, 2006	24 Nov, 2006	17 Nov, 2006
  Bajaj Finance	6:10	10	315	12 Jan, 2006	20 Nov, 2006	13 Nov, 2006
  TataTeleservice	19:100	10	7	22 Dec, 2005	28 Oct, 2006	19 Oct, 2006
  Tata Coffee	1:2	400	240	14 Mar, 2006	30 Oct, 2006	19 Oct, 2006
  Sunshield Chem	1:1	10	20	06 Mar, 2006	16 Oct, 2006	09 Oct, 2006
  RS Software	1:2	10	55	28 Nov, 2005	05 Oct, 2006	27 Sep, 2006
  JMC Projects	2:5	10	90	07 Nov, 2005	21 Sep, 2006	14 Sep, 2006
  GEE	4:1	10	5	12 Dec, 2005	30 Nov, 1999	12 Sep, 2006
  ITD Cementation	1:4	10	480	16 Jan, 2006	15 Sep, 2006	08 Sep, 2006
  TT	1:1	10	10	15 Feb, 2006	30 Nov, 1999	07 Sep, 2006
  GRUH Finance	3:10	10	65	21 Apr, 2006	02 Sep, 2006	28 Aug, 2006
  HOEC	1:3	10	66	03 May, 2006	30 Nov, 1999	18 Aug, 2006
  Morarjee Text	3:4	10	45	19 Jan, 2006	30 Nov, 1999	09 Aug, 2006
  Basant Agro Tec	3:2	10	15	13 Feb, 2006	11 Jul, 2006	04 Jul, 2006
  Pondy Oxides	2:3	2	2	16 Apr, 2005	30 Jun, 2006	23 Jun, 2006
  Upper Ganges	13:20	10	140	06 Mar, 2006	16 Jun, 2006	09 Jun, 2006
  HBL Power	1:10	10	90	10 Jan, 2005	07 Jun, 2006	31 May, 2006
  Hester Bio	2:5	10	60	15 Nov, 2005	05 Jun, 2006	29 May, 2006
  Shree Digvijay	18:1	10	0	23 Jan, 2006	24 May, 2006	17 May, 2006
  Bharat Gears	3:10	10	30	27 Oct, 2005	22 May, 2006	15 May, 2006
  Vama Ind	2:1	10	0	28 Jun, 2005	03 May, 2006	25 Apr, 2006
  California Soft	7:10	10	56	06 Aug, 2005	12 Apr, 2006	03 Apr, 2006
  Kaycee Ind	1:1	100	680	18 Oct, 2004	04 Apr, 2006	28 Mar, 2006
  Goa Carbon	1:1	10	70	26 Jul, 2005	27 Mar, 2006	20 Mar, 2006
  GIC Housing Fin	1:1	10	30	26 Dec, 2005	21 Mar, 2006	13 Mar, 2006
  DS Kulkarni	1:2	10	100	15 Jan, 2006	21 Mar, 2006	13 Mar, 2006
  Mohit Ind	3:2	10	10	29 Aug, 2005	20 Mar, 2006	10 Mar, 2006
  Shri Bhawani	3:1	10	3	11 Sep, 2005	10 Mar, 2006	03 Mar, 2006
  Titan Company	1:20	600	340	31 Aug, 2005	06 Mar, 2006	27 Feb, 2006
  NCL Industries	4:5	10	8	27 Jul, 2005	06 Mar, 2006	27 Feb, 2006
  Deepak Nitrite	2:4	10	140	19 Dec, 2005	28 Feb, 2006	21 Feb, 2006
  Kilburn Engg	1:1	10	15	27 May, 2005	10 Feb, 2006	27 Jan, 2006
  United Western	1:2	10	14	29 Aug, 2005	30 Nov, 1999	17 Jan, 2006
  Bhagwati Auto	4:5	10	10	11 Jul, 2005	16 Jan, 2006	06 Jan, 2006