{"id":117761,"date":"2023-09-04T08:44:43","date_gmt":"2023-09-04T03:14:43","guid":{"rendered":"https:\/\/legalwindow.in\/?p=117761"},"modified":"2023-09-08T08:50:31","modified_gmt":"2023-09-08T03:20:31","slug":"right-issue-of-shares-step-by-step-procedure","status":"publish","type":"post","link":"https:\/\/www.legalwindow.in\/blog\/right-issue-of-shares-step-by-step-procedure\/","title":{"rendered":"Right Issue of Shares: Step-by-Step Procedure"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-117769 size-full\" title=\"Right Issue of Shares: Step-by-Step Procedure\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17.png\" alt=\"Right Issue of Shares: Step-by-Step Procedure\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17.png 1200w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17-600x315.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17-300x158.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17-1024x538.png 1024w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17-768x403.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">A <\/span><b>Right Issue of shares<\/b><span style=\"font-weight: 400;\"> is an excellent opportunity for existing investors to increase their stake in the company. This article examines the step-by-step procedure for a successful and efficient <\/span><b>Right Issue of shares<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Table of Contents<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#right\"><span style=\"font-weight: 400;\">Right Issue of Shares\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#steps\"><span style=\"font-weight: 400;\">Preparatory Steps<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#filing\"><span style=\"font-weight: 400;\">Filing with Regulatory Authorities<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#of\"><span style=\"font-weight: 400;\">Right Issue of Shares and Allotment\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#and\"><span style=\"font-weight: 400;\">Reporting and Compliance<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#shares\"><span style=\"font-weight: 400;\">Right Issue of Shares: Step-by-Step Procedure in Nut Shell<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#the\"><span style=\"font-weight: 400;\">The Examples of the Right Issue of Shares<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#what\"><span style=\"font-weight: 400;\">What are the Advantages and Disadvantages of the Right issue of shares?\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#up\"><span style=\"font-weight: 400;\">Winding Up Note<\/span><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"right\"><b>Right Issue of Shares\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>right issue of shares<\/b><span style=\"font-weight: 400;\"> is a common practice in the corporate world. A <\/span><b>right issue of shares<\/b><span style=\"font-weight: 400;\"> allows existing shareholders to purchase additional shares at a pre-determined price within a specified time frame. It is done to raise additional capital for the company. In India, the procedure for the <\/span><b>right issue of shares<\/b><span style=\"font-weight: 400;\"> is governed by the <\/span><span style=\"font-weight: 400;\">Companies Act 2013.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2 id=\"steps\"><b>Preparatory Steps<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Before initiating the fitting issue of shares, specific preliminary steps need to be taken:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-117767 size-full\" title=\"Right Issue of Shares: Step-by-Step Procedure\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Screen-Shot-2023-09-07-at-3.27.55-PM.png\" alt=\"Right Issue of Shares: Step-by-Step Procedure\" width=\"651\" height=\"386\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screen-Shot-2023-09-07-at-3.27.55-PM.png 651w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screen-Shot-2023-09-07-at-3.27.55-PM-600x356.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Screen-Shot-2023-09-07-at-3.27.55-PM-300x178.png 300w\" sizes=\"auto, (max-width: 651px) 100vw, 651px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Board Meeting and Approval:<\/b><span style=\"font-weight: 400;\"> The company&#8217;s board of directors must convene a meeting to discuss and approve the proposal for the <\/span><b>right issue of shares<\/b><span style=\"font-weight: 400;\">. The board should evaluate the <a href=\"https:\/\/legalwindow.in\/producer-company\/\">company&#8217;s financial position,<\/a> determine the number of shares to be issued, and fix the issue price.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Consent of Shareholders:<\/b><span style=\"font-weight: 400;\"> The consent of existing shareholders is essential before commencing the<\/span><b> right issue process of shares<\/b><span style=\"font-weight: 400;\">. A notice must be sent to all shareholders informing them about the proposed<\/span><b> right issue <\/b><span style=\"font-weight: 400;\">and seeking their approval.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Appointment of Lead Manager:<\/b><span style=\"font-weight: 400;\"> The company must appoint a lead manager to handle the <\/span><b>right issue process<\/b><span style=\"font-weight: 400;\">. The lead manager is responsible for preparing the offer document, coordinating with regulatory authorities, and ensuring compliance with all legal requirements.<\/span><\/li>\n<\/ul>\n<h2 id=\"filing\"><b>Filing with Regulatory Authorities<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Once the preliminary steps are completed, the company needs to file certain documents with the relevant regulatory authorities:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Draft Offer Letter:<\/b><span style=\"font-weight: 400;\"> The company, with the assistance of the lead manager, must prepare a draft letter of offer. This document contains all the necessary details about the <\/span><b>right issue<\/b><span style=\"font-weight: 400;\">, such as the number of shares to be issued, issue price, terms and conditions, and timeline for subscription.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Approval from Stock Exchange(s):<\/b><span style=\"font-weight: 400;\"> The draft offer letter and other required documents must be submitted to the stock exchange(s) where the company&#8217;s shares are listed. The stock exchange(s) will review the records and approve the right issue.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Filing with <\/b><a href=\"https:\/\/www.mca.gov.in\/content\/mca\/global\/en\/contact-us\/roc.html\"><b>Registrar of Companies<\/b><\/a><b> (ROC):<\/b><span style=\"font-weight: 400;\"> The company must file the draft letter of offer and other relevant documents with the ROC in the prescribed format. This filing is essential to obtain the ROC&#8217;s approval for conducting the right issue.<\/span><\/li>\n<\/ul>\n<h2 id=\"of\"><b>Right Issue of Shares and Allotment\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">After obtaining the necessary approvals, the company can proceed with the allotment or <\/span><b>rights issue of shares<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Dispatch of Offer Letter:<\/b><span style=\"font-weight: 400;\"> The company must dispatch the offer letter to all eligible shareholders. The letter must contain detailed information about the right issue, including the number of shares, issue price, and the timeline for subscription.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Opening and Closing of Subscription Period:<\/b><span style=\"font-weight: 400;\"> The subscription period for the right issue must be specified in the offer letter. Shareholders are given a specific timeline within which they can exercise their rights by subscribing to additional shares.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acceptance and Allotment of Shares:<\/b><span style=\"font-weight: 400;\"> Shareholders who wish to subscribe to the <\/span><b>right issue of shares<\/b><span style=\"font-weight: 400;\"> must submit their application forms and payment for the shares. The company should record the applications received and allot the shares within the prescribed time frame.<\/span><\/li>\n<\/ul>\n<h2 id=\"and\"><b>Reporting and Compliance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">After the completion of the <\/span><b>right issue process<\/b><span style=\"font-weight: 400;\">, the company needs to fulfill certain reporting and compliance requirements:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Submission of Post-Issue Report:<\/b><span style=\"font-weight: 400;\"> The lead manager must prepare a post-issue report detailing the number of shares subscribed and the amount received. This report and other required documents must be submitted to the stock exchange(s) and the ROC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Filing of Allotment: The company must<\/b><span style=\"font-weight: 400;\"> file a return of allotment with the ROC within 30 days from the date of issuance. The return should contain complete details of the shareholders to whom the shares have been allotted.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Compliance with Other Applicable Regulations:<\/b><span style=\"font-weight: 400;\"> The company must ensure compliance with other applicable regulations, such as <\/span><a href=\"https:\/\/www.sebi.gov.in\/\"><span style=\"font-weight: 400;\">the Securities and Exchange Board of India<\/span><\/a><span style=\"font-weight: 400;\"> (SEBI) guidelines and the listing agreement with the stock exchange(s).<\/span><\/li>\n<\/ul>\n<h2 id=\"shares\"><b>Right Issue of Shares: Step-by-Step Procedure in Nut Shell<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Steps<\/b><\/td>\n<td style=\"border: 1px solid #555;\"><b>Explanation<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Board approval<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The Board of Directors must first approve issuing the right issue of shares.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Public announcement and public offer<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The company must publicly announce its intention to issue the right issue of shares and must make a public offer to all shareholders to purchase the shares at a specified price. The proposal must be open for a specified time.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Allocation of shares<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">If the number of shares offered exceeds those available, the shares must be allocated proportionally to shareholders based on their existing holdings.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Payment of subscription money<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Shareholders must pay the subscription money for the shares they wish to subscribe to.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Issuance of <\/span><a href=\"https:\/\/www.mca.gov.in\/Ministry\/actsbills\/rules\/CIoSCR.pdf\"><span style=\"font-weight: 400;\">share certificates<\/span><\/a><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Once the subscription money has been received, the Company Secretaries or Compliance officers of the company will issue a certificate of allotment to the shareholders who have subscribed and paid for their shares.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Listing on bourses<\/span><\/td>\n<td style=\"font-weight: 400;\">The shares issued through the right issue must be listed on the stock exchanges for trading.<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Use of proceeds<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">The company must use the proceeds raised from the right issue for the purpose for which it was issued and must provide a report to the shareholders.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Note<\/b><span style=\"font-weight: 400;\">: Listing new shares on the stock exchange requires the company to comply with the applicable regulations of the Securities and Exchange Board of India (SEBI) and the stock exchange on which the company is listed.<\/span><\/p>\n<h2 id=\"the\"><b>The Examples of Right Issue of Shares<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Here are a <\/span><b>few examples of companies<\/b> <b>that<\/b> <b>issued the right<\/b> <b>shares<\/b><span style=\"font-weight: 400;\"> recently:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.hindustanpetroleum.com\/\"><b>Hindustan Petroleum Corporation Limited<\/b><\/a><span style=\"font-weight: 400;\"> (BSE: HPCL) &#8211; On 13th August, the company announced the issue of rights shares in the ratio of 3:25, which means that for every 25 equity shares held, an investor would be eligible to subscribe for three rights shares.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ongcindia.com\/\"><b>Oil and Natural Gas Corporation Limited<\/b><\/a><span style=\"font-weight: 400;\"> (BSE: ONGC) &#8211; On 21st August, the company announced the issue of rights shares in the ratio of 1:2, which means that for every two equity shares held, an investor would be eligible to subscribe for one rights share.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.coalindia.in\/\"><b>Coal India Limited<\/b><\/a><span style=\"font-weight: 400;\"> (BSE: COALIND) &#8211; On 8th September, the company announced the issue of rights shares in the ratio of 1:7, which means that for every seven equity shares held, an investor would be eligible to subscribe for one rights share.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These are a few <\/span><b>companies that issued the right shares <\/b><span style=\"font-weight: 400;\">recently. The ratio in which the shares are issued may vary depending on the company and the terms of the offering.<\/span><\/p>\n<h2 id=\"what\"><b>What are the Advantages and Disadvantages of the Right issue of shares?\u00a0<\/b><\/h2>\n<p><b>Advantages of a right issue of shares:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provides existing shareholders with an opportunity to increase their stake in the company at a discounted price.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increases the liquidity of the company&#8217;s shares as additional shares become available on the market.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allows the company to raise additional capital without paying additional taxes or fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It offers a way for the company to reward existing shareholders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">May increase the share price if the offering is successful.<\/span><\/li>\n<\/ul>\n<p><b>Disadvantages of a right issue of shares:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It may lead to a dilution of existing shareholders&#8217; holdings.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It may result in a decrease in the share price if the offering is unsuccessful.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Requires additional paperwork and administrative costs for the company and investors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It May result in more ownership being transferred from existing shareholders to new shareholders in the case of an oversubscribed right issue.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It may require the company to provide additional financial information to investors, exposing them to further scrutiny and potential criticism.<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/legalwindow.in\/share-transfer\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-108989\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Transfer-your-shares-starting.png\" alt=\"\" width=\"1000\" height=\"200\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Transfer-your-shares-starting.png 1000w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Transfer-your-shares-starting-600x120.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Transfer-your-shares-starting-300x60.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Transfer-your-shares-starting-768x154.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<h2 id=\"up\"><b>Winding Up Note<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Conducting the <\/span><b>right issue of shares in India<\/b><span style=\"font-weight: 400;\"> involves a step-by-step procedure encompassing various regulatory and compliance aspects. From obtaining board approval to obtaining necessary approvals from regulatory authorities and dispatching the letter of offer to allotment of shares, each stage requires meticulous planning and adherence to legal requirements. By following the correct procedure and seeking professional assistance, companies can successfully carry out a proper issue and raise the required funds for their growth and expansion.<\/span><\/p>\n<p><b>\u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Right Issue of shares is an excellent opportunity for existing investors to increase their stake in the company. This article examines the step-by-step procedure for a successful&hellip;<\/p>\n","protected":false},"author":5,"featured_media":117770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-117761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-law"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Right Issue of Shares: Step-by-Step Procedure &#187; Legal Window<\/title>\n<meta name=\"description\" content=\"Right Issue of Shares: Step-by-Step Procedure - is an excellent opportunity for existing investors to increase their stake in the company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalwindow.in\/blog\/right-issue-of-shares-step-by-step-procedure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Right Issue of Shares: Step-by-Step Procedure\" \/>\n<meta property=\"og:description\" content=\"Right Issue of Shares: Step-by-Step Procedure - is an excellent opportunity for existing investors to increase their stake in the company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalwindow.in\/blog\/right-issue-of-shares-step-by-step-procedure\/\" \/>\n<meta property=\"og:site_name\" content=\"Legal Window\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/legalwindow.in\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-04T03:14:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-08T03:20:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-17.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CS Urvashi Jain (M.COM, LLB, ACS)\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CS Urvashi Jain (M.COM, LLB, ACS)\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/\"},\"author\":{\"name\":\"CS Urvashi Jain (M.COM, LLB, ACS)\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/person\\\/0d15d443f6478b86969f96816ea59630\"},\"headline\":\"Right Issue of Shares: Step-by-Step Procedure\",\"datePublished\":\"2023-09-04T03:14:43+00:00\",\"dateModified\":\"2023-09-08T03:20:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/\"},\"wordCount\":1383,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/How-to-Pre-Validate-Your-Bank-Account-for-Claiming-Tax-Refund-in-India-1-1.png\",\"articleSection\":[\"Company Law\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/right-issue-of-shares-step-by-step-procedure\\\/\",\"name\":\"Right Issue of Shares: Step-by-Step Procedure &#187; 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