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      Question

      What major regulatory change did SEBI propose to make

      rights issues more attractive?
      A Increase in the timeline for rights issues Correct Answer Incorrect Answer
      B Requirement of merchant banker Correct Answer Incorrect Answer
      C Eliminating the need to file a draft letter of offer (DLoF) Correct Answer Incorrect Answer
      D Reduction of interest rates Correct Answer Incorrect Answer
      E Introduction of preferential allotments Correct Answer Incorrect Answer

      Solution

      SEBI proposed eliminating the need to file a draft letter of offer (DLoF) to make rights issues a more attractive mode of fundraising.

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