How to calculate ratio of rights issue

[GIRIJA NAGVEKAR]

Dear All,

The pvt ltd co wants to offer rights issue.

My query is regarding rights ratio.

There are two shareholders.

Present distribution percentage is 49% & 51%

Current paid up capital is Rs.1991900/-

Proposed offer is for 845 shares.

Now how to calculate;

the ratio of ......... share for every ........... equity shares held.

Members kindly advise 

Regards,

Girija

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CS Girija Nagvekar

Company Secretary -in practise
9960285296

[Sridevi B.N]

presently how many shares are held by each is not mentioned.

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Sridevi.B.N
Company Secretary
Mysore Sales International Limited

Bangalore

[CS Manish Kushwaha]

In same proportion (pari passu) as they have existing holding.

same ratio as they had earlier

[GIRIJA NAGVEKAR]

The Company wants to maintain the same percentage of holding ,

that is 49 % and 51%

A is holding : 9760 equity shares (49%)

B is holding : 10,159 equity shares (51%)

The company proposes to issue 845 shares in same percentage.

So

A will be offered 431

B will be offered 414.

But I want how to know;

Now how to calculate;

the ratio of ......... share for every ........... equity shares held.

[GIRIJA NAGVEKAR]

So you mean to say , I mention in the letter of offer as in same proportion (pari passu) as they have existing holding.

Kindly clarify

On Thu, Jun 18, 2015 at 3:29 PM, CS Manish Kushwaha <manishk...@gmail.com> wrote:

In same proportion (pari passu) as they have existing holding.

same ratio as they had earlier

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[CS Simranjeet Singh]

IT WILL BE offered in the ratio of 49:51 (existing holding) A will get 414 and B will get 431

 

 

With Best Regards?

Simranjeet Singh

Associate Company Secretary

"To know, is to know that you know nothing. that is the meaning of true knowledge."

 

   

[CS Manish Kushwaha]

yupp

In right issue, the shares are issued in same proportion on pari passu basis to existing shareholders as they were holding in company.

[GIRIJA NAGVEKAR]

Thanks all.

Girija

On Thu, Jun 18, 2015 at 3:34 PM, CS Manish Kushwaha <manishk...@gmail.com> wrote:

yupp

In right issue, the shares are issued in same proportion on pari passu basis to existing shareholders as they were holding in company.

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