Tata Steel is providing rights issue, Fully Paid Shares at 510/- and Partially Paid Shares at 615/-. I have a few queries,
- Can one avail both fully paid and partially paid?
- If partially paid rate is higher than fully paid, how is it beneficial?
- I closed my DP account after the record date and moved the shares to new DP (zerodha). To use the rights, do I need to renounce the claim in favor of my new account?