http://www.sharesansar.com/nepal-sbi-plans-to-issue-right-shares-at-a-premium-price-lets-read-what-our-investors-think-about-it/

-This is a joke right!.
Now owner has to buy their own company's share at premium. Must be indian agent CEO's personal interest. Does he get commission from profit.

-By the way, I believe premium will go to reserve (if not then pay income tax, bonus etc) and when they re distribute that premium in the form of bonus shares, pay 5% tax and CEO may get 5 percent bonus too.

-In short, you put extra money into yr own company and pay 5% tax for nothing while getting it back in the form of Bonus shares.

-What a dumb CEO should be fired and declared unsuitable for management post for being too dumb.

:evil: