CINV needs 43,363,412/- to accept the Rights and GUAR needs 346,262,269/-.
If GUAR to hold the same portfolio for another 3 years and to exercise 2 warrents of the JKH , the total capital requirement is Rs. 596,890,197/- ( 2 rights @ 175/- 2 warrents @ 185/- and 195/-)
Both companies might have to issue a Right issue to bridge the capital requirement in near future.
RENU is having a small portfolio of JKH compared to above - 350.076 shares. Capital requirement for rights - Rs 9,425,123/- While CFLB who holds 120,355 requires Rs 3,240,327/-.