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

Neutral Shoppers Stop Ltd for the Target Rs. 500 by ...

Buy State Bank of India Ltd For Target Rs. 923 By Re...

Buy Equitas Small Finance Bank Ltd for the Target Rs...

Buy Ambuja Cements Limited For Target Rs. 627 By Geo...

Buy CEAT Ltd for the Target Rs. 3,818 by Motilal Osw...

iPhone shipments likely to begin in June from Foxcon...

India restricts entry of ready-made garments, proces...

Buy Havells India Ltd For Target Rs. 1,903 By Geojit...

IT Ministry, Tripura DIT discuss AI`s role in citize...

Buy UTI AMC Ltd for the Target Rs. 1,250 by Motilal ...
More News

Quote on Tuhin Kanta Pandey being appointed as SEBI`s new chairperson by Dr. Manoranjan Shar...

PM Narendra Modi-Donald Trump Meeting, RBI Policies, and Capex : Key Drivers for Indian Markets by Dr. Vikas Gupta, OmniScience...

Report on Why is Induslnd Bank under pressure by Krishna Appala, Senior Analyst at Capitalmind Research

Quote on TCS by Sumit Pokharna, VP-Fundamental Research, Kotak Securities