2025-04-07 04:17:20 pm | Source: PR Agency
Comment on SEBI cautioning platforms facilitating transactions in unlisted securities by Makarand M Joshi, Founder MMJC and Associates, a corporate compliance firm
Below the Comment on SEBI cautioning platforms facilitating transactions in unlisted securities by Makarand M Joshi, Founder MMJC and Associates, a corporate compliance firm
Under revised timeline fund mobilisation through rights issue would take 23 days to raise funds as against 45 days required to raise funds through preferential allotment.
Under the old timeline funds raised through preferential allotment during 22-23 and 23-24 were 83,832 crores and 45,115 crores. During same time (i.e. FY 23 and FY 24) funds raised through right issue were 6751 crores and 15,110 crores (SEBI annual report 2024.) Hence it is seen pref allotment was preferred way of fundraising.
Now it needs to be seen if the rights issue would be a preferred way of raising funds as compared to preferential allotment as per revised timeline.
Under the old timeline funds raised through preferential allotment during 22-23 and 23-24 were 83,832 crores and 45,115 crores. During same time (i.e. FY 23 and FY 24) funds raised through right issue were 6751 crores and 15,110 crores (SEBI annual report 2024.) Hence it is seen pref allotment was preferred way of fundraising.
Now it needs to be seen if the rights issue would be a preferred way of raising funds as compared to preferential allotment as per revised timeline.
https://www.sebi.gov.in/legal/circulars/mar-2025/faster-rights-issue-with-a-flexibility-of-allotment-to-specific-investor-s-_92622.html
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Nifty likely to touch 27,019 in next 1 year, El Nino...
FIIs stood as net sellers in equities as per July 15...
Indian Gas Exchange files preliminary papers with SE...
JioBlackRock Mutual Fund files offer document for Co...
JioBlackRock Mutual Fund files offer document for Ni...
The Nifty has its crucial resistance 24250 (Pivot Le...
Nippon India Mutual Fund files offer document for In...
Motilal Oswal Mutual Fund files offer document for N...
Piyush Goyal, Maros Sefcovic review progress on Indi...
Quote on Post market comment for Wednesday July 15 b...
More News
Quote MoD inks INR 62,370 Cr order with HAL for 97 LCA Mk-1A by Putta Ravi Kumar Analyst ? D...
Perspective on Defence Stocks by Ashwini Shami, EVP & Sr. Portfolio Manager, OmniScience Capital
Quote on Defence Stocks by Dr. Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital
Stock Radar on Chennai Petroleum by Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking