Rights issue refer to the shares issued to ____________.

Employees

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Public

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Exsiting directors

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None of these

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Solution

The correct option is D None of these
The Right Issue is a method of raising capital in the Company by issuing shares to the existing shareholders in the proportion of their existing holding in the Company. The shareholders have the option of accepting, rejecting, and renouncing the offer. This issue gives first preference to the existing shareholders instead of outsiders. So none of the options is correct for this statement.
Thus the correct answer is D.

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