Rights issues and bonus shares enable eligible resident Indian holders of foreign equity to acquire or renounce corresponding rights. Rights issues and bonus shares permit a person resident in India who has lawfully acquired and continues to hold equity capital in a foreign entity to ... Summary
Rights issues and bonus shares enable eligible resident Indian holders of foreign equity to acquire or renounce corresponding rights.
Rights issues and bonus shares permit a person resident in India who has lawfully acquired and continues to hold equity capital in a foreign entity to invest in additional equity capital through a rights issue or receive bonus shares, subject to applicable terms and conditions. Such rights may be renounced in favour of a person resident in India or outside India.
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