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Reliance Industries’ rights issue to hit markets on May 20, 2020

Mumbai, (thestates.news) Reliance Industries proposed issue of 42,26,26,894 equity shares of the face value of Rs 10 each on rights basis will open for subscription on Wednesday, May 20, 2020.
The ratio of the rights issue is 1 Rights Equity Share for every 15 fully paid-up equity shares held by the eligible equity shareholders of the Company on the Record Date – Thursday, May 14, 2020.
The issue price is Rs 1,257 per Rights Equity Share and the issue size is Rs (uni)(mediasaheb.com)