A private placement shall be made only to a select group of persons who have been identified by the Board and whose number shall _______________ excluding the qualified institutional buyers and employees of the company in a financial year
Section 42.Offer or invitation for subscription of securities on private placement- (2) A private placement shall be made only to a select group of persons who have been identified by the Board (herein referred to as “identified persons”), whose number shall not exceed fifty or such higher number as may be prescribed [excluding the qualified institutional buyers and employees of the company being offered securities under a scheme of employees stock option in terms of provisions of clause (b) of sub-section (1) of section 62], in a financial year subject to such conditions as may be prescribed.- Companies (Prospectus and Allotment of Securities) Rules,2014- Rule14. Private Placement. (2) For the purpose of sub-section (2) of section 42, an offer or invitation to subscribe securities under private placement shall not be made to persons more than two hundred in the aggregate in a financial year.
What is the growth percentage of Gross Direct Tax collections for the Financial Year 2023 - 24 according to the Ministry of Finance?
Which city in Maharashtra will have a 75-feet tall 'Statue of Knowledge' dedicated to Dr B. R. Ambedkar, and how much money has been sanctioned for the ...
JCB Prize for Literature is an Indian literary award established in ______?
Which city has been added as a host city for the upcoming edition of the Subroto Cup International Football Tournament to be held from September 19 to O...
What is the purpose of the Prime Minister's Mentorship Scheme for Young Writers (PM-YUVA Scheme)?
Consider the following statements:
I. I.Chief Minister Bhupendra Bhai Patel launched a scheme on maternal n...
Consider the statement about RBI's Account Aggregator Framework?
I. Reserve Bank of India’s Account Aggregator framework went live on 2nd S...
Which State Government announced to set up of Rs 101 crore CM’s Sukhashraya Sahayata Kosh for the destitute in the state.
Baskar Babu Ramachandran has been appointed as the MD & CEO of which of the following banks?
Harjinder Kaur is associated with which sport?