Rights Issues declared companies in India 2017

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 (2017)

• Company	Rights Ratio	FV	Premium	DATE
  				Announcement	Record	Ex-Rights
  Shalimar Paints	6:32	2	138	07 Apr, 2017	29 Dec, 2017	28 Dec, 2017
  Sumeet Ind	3:7	10	14	13 Feb, 2017	18 Dec, 2017	15 Dec, 2017
  Kanpur Plast	1:5	10	65	29 May, 2017	15 Dec, 2017	14 Dec, 2017
  Lakshmi Vilas	1:3	10	112	27 Sep, 2017	06 Dec, 2017	05 Dec, 2017
  Josts Engineers	22:100	10	584	13 Feb, 2017	21 Nov, 2017	20 Nov, 2017
  VIP Clothing	1:4	2	24	22 Apr, 2017	20 Nov, 2017	17 Nov, 2017
  HCL Info	10:21	2	45	29 Aug, 2017	01 Nov, 2017	31 Oct, 2017
  Hind Rectifiers	1:10	2	78	15 Jan, 2017	18 Oct, 2017	17 Oct, 2017
  Karur Vysya	1:6	2	74	29 May, 2017	13 Oct, 2017	12 Oct, 2017
  Indian Hotels	1:5	1	74	21 Aug, 2017	05 Oct, 2017	04 Oct, 2017
  Bansal Roofing	1:2	10	20	18 May, 2017	19 Sep, 2017	18 Sep, 2017
  Denis Chem Lab	2:11	10	74	13 Apr, 2017	09 Sep, 2017	07 Sep, 2017
  Intellect Desig	5:22	5	81	13 Jan, 2017	18 Jul, 2017	17 Jul, 2017
  Zenotech Labs	17:22	10	35	21 May, 2016	02 Jun, 2017	01 Jun, 2017
  Vardhman Steels	2:3	10	40	14 Oct, 2016	10 Apr, 2017	07 Apr, 2017
  Mahindra Life	1:4	10	282	27 Oct, 2016	31 Mar, 2017	30 Mar, 2017
  Kingfa Science	18:91	10	740	24 Oct, 2016	10 Mar, 2017	09 Mar, 2017
  Vishal Fabrics	2:3	10	90	23 Aug, 2016	03 Mar, 2017	02 Mar, 2017
  Canara Bank	1:10	10	197	23 Sep, 2016	20 Feb, 2017	17 Feb, 2017
  South Ind Bk	1:3	1	13	21 Dec, 2016	17 Feb, 2017	16 Feb, 2017
  Archit Organosy	2:1	10	15	15 Jul, 2016	11 Feb, 2017	09 Feb, 2017
  IP Rings	4:5	10	79	05 May, 2016	17 Jan, 2017	16 Jan, 2017