I came to know that Religare is coming up with a rights issue shortly to raise money of Rs 1850 crores. As I own few Religare shares, I have few question on how to participate in it.
1. How to apply? Is it through portals like ICICIDirect or the company would send paper application?
2. If not interested to exercise the option as a shareholder, how to "sell the rights option" in the market?
Thanks
Meetvetri
1. How to apply? Is it through portals like ICICIDirect or the company would send paper application?
2. If not interested to exercise the option as a shareholder, how to "sell the rights option" in the market?
Thanks
Meetvetri