This is NOT a loss to you. Suppose you used to own 100 shares as of yesterday at the closing price of INR 3300. Today is the first day the shares are trading without the rights benefits. Since the number of shares would be 3x after the rights issue, the price today became 1/3rd (market cap should be same as of yesterday). Hence you see the price today of INR 1100-1200.
Within a week or two, you would get 200 “Rights Entitlements” in your demat (2 for every share you used to own). The price of each would be – (Market Price of the ordinary shares – 10). 10 is the rights issue price. You could sell the rights entitlement in the open market or as you stated, if you wish to keep your invested amount same then subscribe to the rights issue by paying up INR 2000 (200 rights entitlement * 10 rights issue price).
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