How To Apply for the Rights Issue at Nuvama?
An offering of rights is a right given to present shareholders to buy more shares, proportional to their present holdings. The price for the right issue will continuously be lower than the ongoing market price of shares. The motivations for rights issues are usually to generate cash to pay off debts, acquire assets, etc. However, to apply for the right issue, you need to follow the below-given steps:
Steps to Apply for the Right Issue at Nuvama
| Steps | Description |
| 1 | Visit the website |
| 2 | Log in |
| 3 | Apply for the rights issue |
| 4 | Complete the procedure suggested |
How Do I Apply for the Rights Issue at Nuvama?
You need to follow some basic steps to apply for the right issue. Let’s discuss them in brief:
Step 1: Visit the Resigtars website called R-Wrap.
Step 2: Log in.
Step 3: Apply either directly, through ASBA (Application Supported by Blocked Amount), or via physical means for the right issue.
Step 4: Fill in the required details and complete the formalities.
Following these steps, you can successfully complete your application for the right issue at Nuvama.