https://www.taxtmi.com/acts?id=33463 Issuers making a rights issue must apply for in-principle listing and designate a stock exchange, ensure partly paid equity shares are fully paid or forfeited, and secure verifiable firm arrangements for at least seventy five per cent of capital expenditure finance for the specific project (excluding the rights issue proceeds and identifiable internal accruals); "finance for the specific project" means capital expenditures only. Limits govern amounts for general corporate purposes and unidentified acquisitions, with further renunciation restrictions where the issuer or its promoters/directors are wilful defaulters or fraudulent borrowers; SR shareholders receiving rights face renunciation prohibitions and lock-in until conversion to voting equity. en-us Fri, 21 Dec 2018 11:51:21 +0530 Mon, 17 Mar 2025 16:26:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33463 Issuers making a rights issue must apply for in-principle listing and designate a stock exchange, ensure partly paid equity shares are fully paid or forfeited, and secure verifiable firm arrangements for at least seventy five per cent of capital expenditure finance for the specific project (excluding the rights issue proceeds and identifiable internal accruals); "finance for the specific project" means capital expenditures only. Limits govern amounts for general corporate purposes and unidentified acquisitions, with further renunciation restrictions where the issuer or its promoters/directors are wilful defaulters or fraudulent borrowers; SR shareholders receiving rights face renunciation prohibitions and lock-in until conversion to voting equity. Act-Rules SEBI Fri, 21 Dec 2018 11:51:21 +0530 https://www.taxtmi.com/acts?id=33463