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You should read about what is a rights issue. What impact it has on the investors and whether that is the right move from the founder. The investors are just retailiating to what the founder himself has done.
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The Supreme Court has reportedly refused to restrain AESL from proceeding with its second tranche of the issue, which sums to 140 Cr. The SC bench led by Justice PS Narsimha also granted Think & Learn to apply for shares not exceeding the number pro
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