Tata Consumer Products Limited (TATACONSUM)

With Tata consumer rights issue, wanted to check with experts here that how can we apply for more than the rights entitled to us?

1. Say if 5 rights shares are entitled, can we apply for 50 or is there any upper limit?
2. If we apply for 50, still at least 5 we will surely get as we are entitled to those 5 or we may not even get those if we apply for more?
3. If we want to buy more in rights issue, what’s the best plan? Should we buy others rights entitlement – who intend to sell …and if yes, how do we do that?

Disc: Invested & biased. Not a buy/sell recommendation. Post only to learn on basics of a rights issue.