Question

Right issue of shares is possible af-
ter the expiry of ......... from the
date of the first allotment of shares.
(A) 6 month
(B) 1 years
(C) 2 years
(D) 3 years​

Answer 1

Answer:

6 MONTHS.........................

Answer 2

The correct answer is A

Explanation:

• Rights issue of shares is defined as the invitation to the shareholders in order to purchase or bought additional or extra new shares of the company. In the offering of rights, each and every shareholder receives the right to purchase on a pro- rata allocation of extra shares at the particular price and within the span of time or period (which is usually 16- 30 days).

• So, from the date of the first allotment of the shares to the shareholders, the right issue of shares is only possible after the 6 months expiry.

You can learn more from here about right issue:

https://brainly.in/question/10590145

You can learn more from here about right issue:

https://brainly.in/question/14602783