Issue of shares by unlisted public company


This query is : Resolved 

09 September 2012 what is procedure to be followed by an unlisted public company to allot equity shares to more than 49.......??? is it compulsory to follow ICDR regulation for this...???
Plz share ur knowledge about it....??

Ajay Mishra (Expert)
10 September 2012 Hi

If your company is listed, then you will comply SEBI (ICDR) Regulation, 2009 otherwise it will not applicable to unlisted public company.


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