Question

    What major regulatory change did SEBI propose to make rights issues more attractive?

    A Increase in the timeline for rights issues Correct Answer Incorrect Answer
    B Requirement of merchant banker Correct Answer Incorrect Answer
    C Eliminating the need to file a draft letter of offer (DLoF) Correct Answer Incorrect Answer
    D Reduction of interest rates Correct Answer Incorrect Answer
    E Introduction of preferential allotments Correct Answer Incorrect Answer

    Solution

    SEBI proposed eliminating the need to file a draft letter of offer (DLoF) to make rights issues a more attractive mode of fundraising.

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