How to apply for Reliance Industries Ltd Rights issue

14/01/2021 Financial & Legal Services

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Reliance Industries Ltd Rights issue (RIL's) kind measured rights issue opened on May 20 for enrollment for existing speculators. This isn't only RIL's first rights issue in very nearly thirty years, yet likewise by a wide edge the best worth contribution.

The association proposed to raise Rs 53,125 crore through the best actually rights issue, which will close on June 3, 2020, while the extent is one rights issue share for every 15 worth offers held by existing speculators as on record date (May 14).

India's most noteworthy actually rights issue has been assessed at Rs 1,257 for each offer which had an ex-rights date on May 13, 2020. The rights capability extent is 1 worth offer for every 15 worth offers held by qualified financial specialists as on the record date which was May 14.

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