Rights Issues declared companies in India 2008

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 (2008)

• Company	Rights Ratio	FV	Premium	DATE
  				Announcement	Record	Ex-Rights
  Thomas Cook	35:100	1	35	26 Aug, 2008	27 Dec, 2008	19 Dec, 2008
  Multiplus Hold	2:1	10	2	05 Aug, 2008	22 Dec, 2008	12 Dec, 2008
  Federal-Mogul	71:100	10	46	24 Oct, 2008	10 Nov, 2008	03 Nov, 2008
  Sumeet Ind	1:1	10	5	15 May, 2008	29 Oct, 2008	22 Oct, 2008
  Dish TV	100:121	1	21	24 Apr, 2008	16 Oct, 2008	08 Oct, 2008
  Dish TV	100:121	1	21	06 Oct, 2008	16 Oct, 2008	08 Oct, 2008
  Tayo Rolls	7:8	10	116	15 Oct, 2007	10 Oct, 2008	01 Oct, 2008
  Ugar Sugar Work	1:4	1	7	18 Aug, 2007	29 Sep, 2008	22 Sep, 2008
  Sadhana Nitro	7:2	10	0	07 Dec, 2007	30 Nov, 1999	16 Sep, 2008
  Restile Ceramic	26:37	10	0	05 Sep, 2008	30 Nov, 1999	15 Sep, 2008
  Tata Inv Corp	1:5	650	0	16 May, 2008	17 Sep, 2008	10 Sep, 2008
  TML-D	1:6	10	330	28 May, 2008	16 Sep, 2008	09 Sep, 2008
  Tata Motors	1:6	10	330	28 May, 2008	16 Sep, 2008	09 Sep, 2008
  TML-D	1:6	10	295	29 May, 2008	16 Sep, 2008	09 Sep, 2008
  Tata Motors	1:6	10	295	29 May, 2008	16 Sep, 2008	09 Sep, 2008
  Damodar Ind	8:5	10	25	17 Jan, 2007	09 Sep, 2008	01 Sep, 2008
  Hindalco	3:7	1	95	20 Jun, 2008	30 Nov, 1999	28 Aug, 2008
  JK Tyre & Ind	1:3	10	75	30 Jul, 2007	14 Jul, 2008	07 Jul, 2008
  Entegra	1:1	10	15	05 Apr, 2006	04 Jul, 2008	26 Jun, 2008
  Oudh Sugar Mill	22:100	10	50	17 Oct, 2007	02 Jul, 2008	24 Jun, 2008
  Fact Enterprise	3:1	10	0	27 Aug, 2007	24 Jun, 2008	17 Jun, 2008
  Sanguine Media	1:1	10	13	04 Jun, 2008	23 Jun, 2008	16 Jun, 2008
  Century Extr	33:47	1	3	15 Dec, 2007	26 May, 2008	16 May, 2008
  United Brewerie	1:9	1	176	28 Sep, 2007	21 Apr, 2008	10 Apr, 2008
  Visagar Polytex	2:1	10	0	23 Jul, 2007	22 Apr, 2008	10 Apr, 2008
  Filmcity Media	1:11	1	0	30 Aug, 2007	15 Apr, 2008	07 Apr, 2008
  Godrej Consumer	1:7	1	122	23 Nov, 2007	19 Mar, 2008	12 Mar, 2008
  Network 18	1:5	200	45	05 Mar, 2007	18 Mar, 2008	11 Mar, 2008
  Bodal Chemicals	1:2	10	10	16 Mar, 2007	12 Mar, 2008	04 Mar, 2008
  Indian Hotels	1:5	1	69	13 Aug, 2007	28 Feb, 2008	21 Feb, 2008
  Mukesh Steels	2:1	10	0	14 Mar, 2007	15 Feb, 2008	01 Feb, 2008
  SBI	1:5	10	1580	14 Jan, 2008	04 Feb, 2008	28 Jan, 2008
  Dhanlaxmi Bank	1:1	10	52	14 Jan, 2008	30 Jan, 2008	23 Jan, 2008