Question

Write a note on renunciation of right shares.​

Answer 1

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The renunciation of rights share is the process of renouncing or transferring or selling the rights to other interested investors at a better price. When a shareholder is not interested in the rights issue offer given by the company, he can choose to renounce his rights rather than let it lapse.

Answer 2

The renunciation of rights share is the process of renouncing or transferring or selling the rights to other interested investors at a better price. When a shareholder is not interested in the rights issue offer given by the company, he can choose to renounce his rights rather than let it lapse.