Right Issue resolution of Board meeting concentrated on expanding the opportunity for the existing shareholder to invest in new share equity. The terms and conditions of a company regarding the allotment of a new share are maintained under the Rules and Regulation of the Company Act, 2013 which looks after the share capital and debenture issues of a company. The each member has to follow the guidelines set by the board of directors on the right issue of share. This right issue notifies the matter, including the number of equities, share value and the existing number of shares.
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