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If I am not mistaken, they will announce the book close for the right shares and they amount you can apply for will depend on their data at that point.

I had bought PICL's stock before closing date and got 25% bonus share as well and the company had announced to issue right share at 1:1 ratio. But till they haven't appointed the issue manager. Now I want to sell the stock. Now my question is do I preserve the right to purchase the right share if I sell those share now ? Please suggest me. Thank you