InvestorQ : What is the premium I can expect on the Rights Entitlements of Bharti based on the latest rights announcement?
Ria Jain made post

What is the premium I can expect on the Rights Entitlements of Bharti based on the latest rights announcement?

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Dia Deshpande answered.
4 months ago
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Just 2 days back, the board of Bharti Airtel announced its approval for the Rs.21,000 crore rights issue in the ration of 1:14. The rights share is priced at Rs.532, which is a 15% discount to the closing price on Monday of Rs.625. While we have to await the final rights schedule of Bharti Airtel, the market estimates are that the rights entitlements or RE could trade at around Rs.70-75 per RE. However, RE price movement will depend on the stock price.

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