📍Visakhapatnam, Andhra Pradesh
Rights Issue Advisory under Section 62 in Visakhapatnam
Rights Issue
Rights Issue — Section 62 Companies Act in Visakhapatnam — Local Context
A rights issue can fund expansion while giving existing shareholders an opportunity to subscribe. Visakhapatnam companies should coordinate valuation, offer terms, notices, renunciation, allotment, bank flows, and MCA filings, especially when funding new capacity in pharma, engineering, port services, or technology.
Regulatory Office
Registrar of Companies (RoC), Andhra Pradesh
Receives company-law filings for rights offers, allotments, and consequent changes in share capital.
Typical Visakhapatnam Scenarios
- A Gajuwaka manufacturer raises funds for machinery through a rights issue to existing promoters.
- A pharma unit in AP Pharmacity Parawada documents offer terms and allotment records for expansion capital.
- A Rushikonda company uses a rights issue to fund product development while preserving founder ownership.
Who We Serve in Visakhapatnam
ICAI Visakhapatnam BranchGajuwaka Industrial AreaAP Pharmacity ParawadaRushikonda IT Park
Why Harun Raaj & Associates in Visakhapatnam
We are an ICAI-registered CA firm (Membership No. 238303) based in Visakhapatnam. Every output — certificate, return, or advisory — is reviewed and signed by a CA and carries a UDIN for authenticity. We handle the full regulatory workflow so your team doesn't have to — from document collection through filing or certification.
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