Hi,
Can a company issue shares to new investors under private placement at two different prices?
Eg: Invetor A @ Rs. 100 and Investor B @ Rs. 120
Khadija Vahora (Company Secretary) (35 Points)
23 January 2017Hi,
Can a company issue shares to new investors under private placement at two different prices?
Eg: Invetor A @ Rs. 100 and Investor B @ Rs. 120
Kriti Bareja
(Company Secretary)
(45 Points)
Replied 30 January 2017
In my Opinion a co. can issue shares under private placement at two different prices but two offers shall be made seperately and justification of prices shall be mentioned in proposed special resolution