With Tata consumer rights issue, wanted to check with experts here that how can we apply for more than the rights entitled to us?
- Say if 5 rights shares are entitled, can we apply for 50 or is there any upper limit?
- If we apply for 50, still at least 5 we will surely get as we are entitled to those 5 or we may not even get those if we apply for more?
- If we want to buy more in rights issue, what’s the best plan? Should we buy others rights entitlement - who intend to sell …and if yes, how do we do that?
Disc: Invested & biased. Not a buy/sell recommendation. Post only to learn on basics of a rights issue.