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
Commodity Research- Daily Key Price Levels Report - ...
Bharti Airtel shares drop following Singtel-related ...
Rupee weakens against US dollar on Friday
Jio's cost-effective 5G solutions can help it scale ...
Add Allied Blenders & Distillers Ltd For Target Rs. ...
NBCC (India) jumps on inking pact with M/s Goldfield...
Vedanta gains on entering into pact with TNPDCL for ...
Commodity Research - Morning Insight - 07th Nov 2025...
SBC Exports rises on securing export order worth Rs ...
Colab Platforms touches roof on planning to launch r...
More News
Views on the impact of Trump's tariff on the Indian Stock Markets by Mr. Jitendra Sriram, Se...
Quote on Tuhin Kanta Pandey being appointed as SEBI`s new chairperson by Dr. Manoranjan Sharma, Infomerics Ratings
Quote on Bajaj Auto`s Q3FY25 Results by Arun Agarwal, VP Fundamental Research, Kotak Securities
Food for Thought - Case for Growth Investing in India by Vinay Paharia, CIO, PGIM India Mutual Fund