n NISM Certifications
XV NISM Series XV
Medium

A Rights Issue is open for subscription for a maximum period of how many days?

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    10

  2. B

    15

  3. C

    20

  4. 30

    Correct answer

Why this is the answer

Regulatory guidelines require rights issues to remain open for at least 15 days and a maximum of 30 days, ensuring adequate investor participation while maintaining efficiency.

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