issue of unlisted shares
This query is : Resolved
Anil Gupta
(Querist)
06 January 2010
Please tell me the procedure to issue unlisted shares in case of Listed company?
Ankur Garg
(Expert)
06 January 2010
Sir, are you talking about preferential allotment? If yes then first u hv to collect shareholders approval (SR u/s 81(1A) through a GM.
After that allot shares in the BM and file In-principle approval application with STX pursuant to clause 24(a) of listing agreement.
Regards
After that allot shares in the BM and file In-principle approval application with STX pursuant to clause 24(a) of listing agreement.
Regards
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