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What is rights issue?
What is rights issue?
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Solution
Rights Issue (RI) is when a listed company which proposes to issue fresh securities to its existing shareholders without diluting their stake, on a record date and are normally offered in a particular ratio to the number of securities held prior to the issue.
Rights Issue (RI) is when a listed company which proposes to issue fresh securities to its existing shareholders without diluting their stake, on a record date and are normally offered in a particular ratio to the number of securities held prior to the issue.
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