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Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares. ‘Right Issue’ means offering shares to existing members in proportion to their existing share holding. The object is, of course, to ensure equitable distribution of Shares and the proportion of voting rights is not affected by issue of Fresh shares.
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1. Preparation of Board Meeting documents for issue of shares through Right Issue;
2. Preparation of Right issue Offer letter (Upto 5 Shareholders) (Circulation to be done by Company);
3. Preparation of Board Meeting documents for allotment of shares;
4. Preparation of documents for attachment in e-forms;
5. Preparation of e-forms;
6. Arranging for Certification of e-forms;
7. Resubmission of e-forms, if any.
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