(1) The issuer shall issue an advertisement for rights issue disclosing the following:
(a) the date of completion of despatch of abridged letter of offer and the application form;
(b) the centres other than registered office of the issuer where the shareholders or the
persons entitled to receive the rights entitlements may obtain duplicate copies of the
application forms in case they do not receive the application form within a reasonable
time after opening of the rights issue;
(c) a statement that if the shareholders entitled to receive the rights entitlements have
neither received the original application forms nor they are in a position to obtain the
duplicate forms, they may make application in writing on a plain paper to subscribe to
the rights issue;
(d) a format to enable the shareholders entitled to apply against their rights entitlements, to make the application on a plain paper specifying therein necessary particulars such as name, address, ratio of rights issue, issue price, number of equity shares held, ledger folio numbers, depository participant ID, client ID, number of equity shares entitled and applied for, additional shares if any, amount to be paid along with application, and particulars of cheque, etc. to be drawn in favour of the issuer’s account;
(e) a statement that the applications can be directly sent by the shareholders entitled to apply against rights entitlements through registered post together with the application moneys to the issuer’s designated official at the address given in the advertisement;
(f) a statement to the effect that if the shareholder makes an application on plain paper and also on application form both his applications shall be liable to be rejected at the option of the issuer.
(2) The advertisement shall be made in at least one English national daily newspaper with wide circulation, one Hindi national daily newspaper with wide circulation and one regional language daily newspaper with wide circulation at the place where registered office of the issuer is situated, at least three days before the date of opening of the issue.