Hi Everyone,
What would be a better way of issuing preference shares ?By rights basis or by private placement?
Still Learning (cs) (234 Points)
18 November 2014Hi Everyone,
What would be a better way of issuing preference shares ?By rights basis or by private placement?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 18 November 2014
Rights issue will involve lesser formalities and hence should be preferred.
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