Rights Issue

Rights Issue is a process where a company gives rights to its existing shareholders as on the record date to buy more securities or convertible debt of that company at a pre-determined and discounted price for a specific period.

Diggi Corporate Advisors Private Limited handles the Rights Issue by underwriting it, developing strategies, preparing the Letter of Offer, obtaining approvals from the Stock Exchange and SEBI, and ensuring all legal and compliance formalities are completed efficiently.