Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is Rs. 220 and the company is offering one share of Rs. 160 each under rights issue, what is the value of the right offered by the company?
Value of right = Market price – average value of each share including the rights share To calculate average value of share including rights Value of 2 existing shares = 2*220 = Rs.440 Value of each rights share = 1*160 = Rs.160 Value of 3 shares = 600 Average value of each share (including rights) = 600/3 = Rs.200 Thus, value of right = market value – average value = 220-200 = Rs.20
What is the main crop grown in the Terai region of Uttar Pradesh?
Which Indian bank became the first trading cum clearing member at IIBX?
On which river has the Akshar River Cruise been constructed?
Who became the winner of the Pulitzer Prize 2022?
Which river basin is the largest in area among the following?
Google has launched its ‘Street View Service’ for the users to explore an area through 360-degree panoramic street-level images, it is launched in h...
Xiomara Castro was sworn in as the first woman president of ______________.
____ state government has waived the loan of 14,000 crore rupees of almost 22 lakh farmers in the country?
Which country hosted the 7th Indian Ocean Conference?
What is the name of the newly discovered marine species of head-shield sea slug with a ruby red spot?