Market M&M Financial Services rights issue opens; shares rally 5% Updated : July 28, 2020 12:00 PM IST The company has issued 61.78 crore fully paid-up equity shares of the face value of Rs 2 each at a price of Rs 50 per equity share aggregating to Rs 3,088.82 crore on a rights basis. The rights issue will close on August 11, 2020. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.