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Can I Apply More Shares in Rights Issue

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amritsai
(@vvv1)
Active Member
Joined: 3 years ago
Posts: 5
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Meroshare automatically fills the right shares, can I apply for more right shares in Meroshare. Or is there any other way to apply more right shares?

This topic was modified 2 years ago by amritsai

   
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Bikaas Shrestha
(@mradmin)
Active Member Admin
Joined: 3 years ago
Posts: 5
 

According to new Policy of SEBON in 2019, you can apply more more right shares than your designated right shares. Previously, the unsold right shares where auctioned in the market. This was profitable for the company as only the highest bidder got the shares, but now the existing share holders get priority of the auction.


   
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