 "Mutual funds, Stock markets, liquidity")
The trading platform for rights entitlement (RE) has been hailed as successful by market experts, who say the avenue could give a fillip to rights issuances in the domestic markets.
Reliance Industries’ (RIL’s) mega rights issue was the first time the platform was tested. The trading window for the RIL RE ended on Friday.
The closing price stood at Rs 223. This is the price paid by investors to become eligible to apply for one share in the rights issue. Market players said the seven-day trading window saw huge volumes and enabled several thousand shareholders to sell their entitlement at
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