The rights issue worth ₹53,125 crore was open for subscription from 20 May with a simultaneous rights entitlement platform, wherein for the first time ever, shareholders could freely trade their rights entitlement on a stock exchange The rights issue of Reliance Industries was subscribed 1.6 times as it closed on Wednesday.
The rights issue worth ₹53,125 crore was open for subscription from 20 May with a simultaneous rights entitlement (RIL RE) platform, wherein for the first time ever, shareholders could freely trade their rights entitlement on a stock exchange.
RIL's rights issue is the largest such share sale in the history of Indian equity capital markets. According to stock exchange data, the rights priced at ₹1,257 per share received