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1. D S PRASAD   I Like It. |Report Abuse|  Link|January 17, 2008 10:34:28 PMReply
RIGHTS ISSUE is the issue of shares to the existing share holders of a company. This is cost effective than follow on public issue and is one way of rewarding the existing share holders of the company. Normally, the rights issue price is at discount to the company's present market rate. Hence, it is beneficial provided the offered rate is reasonable.