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

Alembic Pharmaceuticals zooms on getting final nod f...

SELL GOLD AUG @ 95800 SL 96200 TGT 95200-94800. MCX ...

Bank Nifty is showing strong bullish trend, underpin...

SELL GBPINR JUL @ 117.7 SL 118 TGT 117.4-117.2. - Ke...

Cochin Shipyard moves up on bagging order from Poles...

Technical Trading Idea : Laurus Labs Ltd For Target ...

More Indians now invest in equities as financializat...

SELL ZINC JUL @ 261 SL 263 TGT 259-257. MCX - Kedia ...

Adani Green surpasses 15,000 MW of RE capacity to dr...

Daily Derivatives Report 30 June 2025 by Axis Securi...
More News

Report on Why is Induslnd Bank under pressure by Krishna Appala, Senior Analyst at Capitalmi...

Quote on Defence Stocks by Mr. Sankhanath Bandyopadhyay, Economist at Infomerics Valuation and Ratings Ltd

Comment on SEBI proposing to allow automatic trading window closure for immediate relatives of designated persons by Makarand M...

Quote on Tuhin Kanta Pandey being appointed as SEBI`s new chairperson by Dr. Manoranjan Sharma, Infomerics Ratings