For public issue, every public company list its shares in stock exchange. what is unlisted public company, what is the procedure of rising capital by unlisted public company.
2 Replies
Dipendra Prasad Poudel
(Article Assistant ( Internal Audit) )
(578 Points)
Replied 19 June 2014
Good question. I am also eagerly waiting for the answer.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 19 June 2014
Ans.1: A public company whose shares are not listed on any stock exchange is unlisted public company.
Ans.2: For procedure for public issues you have to go through Companies Act 2013 and several other legal provisions including SEBI (ICDR) Regulations available at the following link:
https://www.sebi.gov.in/cms/sebi_data/commondocs/icdrfeb042014.pdf
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