It is advisable to subscribe the right issue, the 1257 Rs price we are paying for the future reliance share price not for current market price, as we are doing partial payment only now.
Allotment of the right issue will be done on 11-Jun and listing on 12-Jun. It will be a separate ISIN trading in market eg Reliance and Reliance PP. you can trade in both from 12-Jun at respective prices. once the Partly paid rights issue becomes fully paid next year, Reliance PP ISIN with merge into reliance ISIN .
is it advisable to apply for right considering CMP 1400 and after right issue no of shares will increase and market supply will increase .
also payment are in installment dose it mean we wont be able to sell our shares till full payment done ?
please guide
thanks in advance