what are the advantages of right
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Issue of rights shares makes possible equitable distribution of shares without disturbing the established equilibrium of shareholdings, because rights shares are offered to the persons who on the date of rights issue are the holders of equityshares of the company, proportionately to their equity shares on that date.
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Answer:
Issue of rights shares makes possible equitable distribution of shares without disturbing the established equilibrium of shareholdings, because rights shares are offered to the persons who on the date of rights issue are the holders of equity shares of the company, proportionately to their equity shares on that date.
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