Rights Issues declared companies in India 2020
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 (2020)
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Company Rights Ratio FV Premium DATE Announcement Record Ex-Rights Pricol 2:7 1 29 04 Sep, 2020 25 Nov, 2020 24 Nov, 2020 Shoppers Stop 17:70 5 135 16 Oct, 2020 20 Nov, 2020 19 Nov, 2020 Mold-Tek Pack 1:50 5 175 21 Sep, 2020 22 Oct, 2020 21 Oct, 2020 EIH 8:85 2 63 07 Sep, 2020 23 Sep, 2020 22 Sep, 2020 Deepak Fert 3:20 10 123 25 May, 2020 17 Sep, 2020 16 Sep, 2020 Rushil Decor 1:3 10 40 11 Nov, 2019 11 Sep, 2020 10 Sep, 2020 Minda Ind 1:27 2 248 29 Jun, 2020 17 Aug, 2020 14 Aug, 2020 Satin Credit 48:125 10 50 22 Jun, 2020 05 Aug, 2020 04 Aug, 2020 Spencer Retail 2:15 5 70 11 Feb, 2020 29 Jul, 2020 28 Jul, 2020 Gateway Distri 4:27 10 62 10 Jun, 2020 24 Jul, 2020 23 Jul, 2020 M&M Financial 1:1 2 48 01 Jun, 2020 23 Jul, 2020 22 Jul, 2020 Shriram Trans 3:26 10 560 15 Jun, 2020 10 Jul, 2020 09 Jul, 2020 PVR 7:94 10 774 08 Jun, 2020 10 Jul, 2020 09 Jul, 2020 Aditya Birla F 9:77 10 100 27 May, 2020 01 Jul, 2020 30 Jun, 2020 Refex Ind 5:14 10 35 14 Feb, 2019 17 Jun, 2020 16 Jun, 2020 Reliance 1:15 10 1247 30 Apr, 2020 14 May, 2020 13 May, 2020 AFL 62:91 4 96 17 Dec, 2019 18 Mar, 2020 17 Mar, 2020 Arrow Greentech 1:5 10 26 07 Sep, 2019 13 Feb, 2020 12 Feb, 2020 Brooks Labs 9:20 10 10 11 Jun, 2019 12 Feb, 2020 11 Feb, 2020 Bajaj Electric 13:118 2 308 06 Jan, 2020 06 Feb, 2020 05 Feb, 2020