Rajnish Optimist 145 Questions 255 Answers 237 Best Answers 1k Points View Profile Rajnish Asked: November 16, 20202020-11-16T19:15:57+05:30 2020-11-16T19:15:57+05:30In: UPSC PRELIMS What is meant by Rights Issues from Reliance industries? Describe Rights Issues cocluded by Reliance industries? economics Share Facebook 1 Answer Recent Sweety Stay Original. 142 Questions 116 Answers 102 Best Answers 783 Points View Profile Best Answer Sweety Stay Original. 2020-11-16T19:33:20+05:30Added an answer on November 16, 2020 at 7:33 pm A rights issues is a mechanism by which companies can raise additional capital from existing shareholders. Shareholders have the right, within a pre-defined period of time, to subscribe to the shares in proportion to their current holdings. Rights Issue in news: Reliance Industries Limited recently concluded its rights issue, raising a total of Rs 53,124 crore. A rights issue is also a more inclusive solution to raising funds because it allows existing shareholders the opportunity to invest in the company first. In general, new shares are sold at a discounted price relative to the prevailing market rate. 1 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions Tell us about the Global Gender Gap Report 2021. Tell us about the Global Hunger Index 2020.