‘Ex-rights’ means ‘without rights’ and does not allow such shareholders to subscribe to Rights issues offered by a company. The owner of ‘ex-rights’ shares means that s/he was earlier entitled to any upcoming, already declared Rights issue, but now those rights have either expired, transferred or have already been exercised. The opposite of ‘Ex rights’ is ‘Cum-rights’, which means ‘with rights’ or shares that have such rights or entitlement for automatically participating in a Rights issue of the company.
A PPF calculator is an online tool that helps you calculate the maturity amount at…
Non-resident Indians are not allowed to open a new PPF account. However, if a resident…
PPF rules do not allow joint accounts. An account can only be opened in the…
After the maturity of the PPF account, you have the option to extend it for…
From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…