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What the Reliance rights issue entails for retail investors
May 19, 2020 | By Livemint.com
business
The issue has been priced at ₹1,257 per share, and terms of payment will be 25% on application and balance as decided by board at a relevant time.The issue will also be a litmus test for stock markets which have been grappling with liquidity concerns
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NEW DELHI: Reliance Industries' ability to withstand disruptions and unlock its value amid the covid-19 crisis makes the company's rights issue attractive for retail investors, according to analysts.Mukesh Ambani-owned Reliance Industries' rights issue worth
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