Promoters incresing stake
This query is : Resolved
jay prakash heerwal
(Querist)
23 February 2013
Sir,
Please tell me all the provisions applicable to a company if one of the promoter of a listed company wants to increase his stake by purchasing shares from another promoter of the same company.
Current Holding of one promoter = 7.5 %
Proposed holding of that promoter = 15 %
Please advice
Thanks in advance
Please tell me all the provisions applicable to a company if one of the promoter of a listed company wants to increase his stake by purchasing shares from another promoter of the same company.
Current Holding of one promoter = 7.5 %
Proposed holding of that promoter = 15 %
Please advice
Thanks in advance
jay prakash heerwal
(Querist)
23 February 2013
Please also reply whether there is any problem if any person purchase more than 5 % shares of a listed company.
Dhirajlal Rambhia
(Expert)
17 August 2023
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