Private placement of equity shares to public company
This query is : Resolved
21 March 2012
Can an Unlisted Public Company issue equity shares to another public company under private placement? If Yes. Please provide the procedures.
21 March 2012
Hi
You will follow the provision of section 81(1A) of the Companies Act, 1956 read with Unlisted Public Companies (Preferential Allotment) Rule 2011.
Regards
You will follow the provision of section 81(1A) of the Companies Act, 1956 read with Unlisted Public Companies (Preferential Allotment) Rule 2011.
Regards
22 March 2012
Yes it can...
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