Right share adjustment price
Work out the ex-rights market price, including the cash subscription at par value.
Result
Market price
रु1,000.0
Rights ratio
100.0%
Subscription cost per share
रु100.0
Ex-rights price
रु550.0
The cash subscription is part of the ex-rights price because a rights holder can buy at रु100.0. This assumes the entitlement is taken up and paid for; a holder who lets the rights lapse sees a different adjustment.