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+--- Thread: What is a right issue of shares? (/showthread.php?tid=2966)
What is a right issue of shares? - imran Hasnain - 02-25-2006
dear friends
please give me the detail information about the right issue
regards
imran
- zafar - 02-27-2006
When a company wants to increase its share capital,
it must offer right issue to its existing shareholders
according to proportion of their existing number of shares.
If existing members do not accept such offer then Directors
issue such shares in a manner as they think fit.