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CS Alok Singh (Advocacy)     06 December 2012

Value/date of shares for right's issue in unlisted companies

In terms of SEBI guideline right's issue shall open for minimum of 15 days and at maximum of 30 days, for unlisted company can it be open for more than 30 days ?

Further, can anyone tell me the valuation of shares , whether the sahres are required only to issue as per book value (recent changes provisions, if any) or the comapny can issue at any rate uo pt its face value?

 



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