Overview:
Reliance Industries Limited (RIL), Ranked 106 on the 2019 Global Fortune 500 Ranking is an Indian multinational conglomerate company. Reliance Industries is one the bellwethers of Indian Stock Markets. It came up with India's Largest Ever Rights Issue recently and successfully raised more than Rs.50,000 Crores of Capital through this issue. This Blog covers the Background of the Mega Issue and analyses the two key factors that are responsible for the blockbuster success of this issue:
o Electronic Rights Entitlement Trading
o 18 Month Long Staggered Payment Scheme for the Rights Issue