issue of unlisted shares


This query is : Resolved 

06 January 2010 Please tell me the procedure to issue unlisted shares in case of Listed company?

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


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