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

Tripura developed 25,000 ha organic land; 1,300 MT p...

MSTC launches e-marketplace with new corporate offic...

Adani Enterprises Ltd`s Rs 1,000 crore NCD issue ful...

Insurance Sector Update: A better quarter by Kotak I...

Q1FY26 Earnings Preview - FMCG & Retail by Axis Secu...

Over 1.15 crore public grievances redressed between ...

IPO Note : GLEN Industries Ltd by Choice Broking Ltd

India offers domestic circular battery economy worth...

Chemicals Sector Update : Mixed results amid continu...

Real Estate Sector Update : Starting on a strong not...
More News

Views on the impact of Trump's tariff on the Indian Stock Markets by Mr. Jitendra Sriram, Se...

Quote on?FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities

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

Perspective on Defence Stocks by Ashwini Shami, EVP & Sr. Portfolio Manager, OmniScience Capital