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A rights issue is a method by which companies raise additional capital by offering new shares to existing shareholders. These shares are usually offered at a discounted price compared to the current market price and shareholders are given the "right" to buy these shares in proportion to their existing holdings.
To apply for a rights issue, you can easily use the ASBA (Applications Supported by Blocked Amount) feature through your net banking. Shareholders can also apply for rights issues from the registrar's website.
Apply through net banking:
