M&m finance rights issue

Hello everyone…Can I apply for more shares than what I am eligible for?
And if I pay for more shares will I get the refund if extra shares are not allotted to me?

Yes, you can apply for more shares than you are eligible for but chance of allotment are very less, in case you don’t get allotment for those extra shares you will get refund.

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Thanks a lot for the quick reply :slight_smile: