Rights Issues declared companies in India 2016

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 (2016)

• Company	Rights Ratio	FV	Premium	DATE
  				Announcement	Record	Ex-Rights
  Orient Paper	1:28	1	67	15 Sep, 2016	21 Nov, 2016	18 Nov, 2016
  Karnataka Bank	1:2	10	60	05 Aug, 2016	25 Oct, 2016	24 Oct, 2016
  CIL Nova Petro	1:1	10	5	23 May, 2016	25 Oct, 2016	24 Oct, 2016
  Crest Ventures	1:2	10	40	08 Feb, 2016	16 Sep, 2016	15 Sep, 2016
  Sintex Ind	26:127	1	64	28 Jul, 2016	09 Aug, 2016	08 Aug, 2016
  Anjani Cement	3:8	10	99	29 Apr, 2015	18 May, 2016	17 May, 2016
  Polson	31:39	50	5550	24 May, 2014	06 Apr, 2016	05 Apr, 2016
  Sun Pharma Adv	5:116	1	244	12 May, 2015	17 Mar, 2016	16 Mar, 2016
  The Investment	4:5	10	80	18 Aug, 2014	09 Feb, 2016	08 Feb, 2016
  BN Rathi Sec	1:1	10	5	27 May, 2015	15 Jan, 2016	14 Jan, 2016
  JMC Projects	2:7	10	191	11 Sep, 2015	12 Jan, 2016	11 Jan, 2016