What is the term used to describe the issuance of securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high net worth individuals, and financial institutions?
Private placement is issuance of securities, debt or equity, to a limited number of subscribers, such as banks, FIs, MFs and high net worth individuals. Private Placement is arranged through a merchant/investment banker, who brings together the issuer and the investor(s). In order to enhance transparency and increased disclosures, listed companies should disclose the utilization of proceeds raised through preferential issuance and qualified institutional placements in their annual reports. Currently, such disclosure is only required in case of public issuance.
What was the purpose of the 'Fisheries Summer Meet 2024' organized in Madurai, Tamil Nadu?
Under the Nasha Mukt Bharat Abhiyaan, what is the specific focus area mentioned in the MoU between the Department of Social Justice and Empowerment and ...
Who recently won the ‘Leon Masters Chess Championship’ for the 10th time?
Narendra Modi recently took oath as Prime Minister for the third consecutive term. Which of the following statements is NOT true about his new Cabinet?
Which bank has launched 'Mobile Handheld Devices for its financial inclusion customers in a bid to enhance accessibility and convenience & will provide ...
Baghmara Pitcher Plant Sanctuary is located in which of the following states?
Who is the author of the book “Public Service Ethics - A Quest for Naitik Bharat”?
Why is the launch of the vessel Costa Serena significant in India?
According to Australia-based think tank Lowy Institute's 2023 Asia Power Index,which country holds the most power in Asia?
The US is going to donate 2.2 million doses of pediatric vaccines to which country?
