Can I buy rights issue shares?

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The rights issue shares can be bought or applied for based on the pro-rata rights entitlement credited to the eligible shareholders of the company as on record date.

An interested investor not in possession of any rights entitlement can also buy the rights shares by purchasing the rights entitlement from the stock market by participating in rights entitlement trading or through an off-market transaction. This will enable him to buy or apply for rights shares based on the entitlements bought.