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.
CA Krishna Chaitanya M (Chartered Accountant) (463 Points)
19 June 2014For 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.
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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