Ya.. it should not be used for purposes that are not stated in the prospectus. In this case the ipo would have been made for company's workings, but some portion is used for investment purpose.
Please find attache compliance check list by Ankur Sir, for your ready reference...hope it will help to some extent...
As far as IPO is concerned, listing agreement is not applicable untill your company signs it...you need to keep ready with composition and other requirement with respect to commitees...
Please find attached compliance check list by Ankur Sir, for your ready reference...hope it will help to some extent...
As far as IPO is concerned, listing agreement is not applicable untill your company signs it...you need to keep ready with composition and other requirement with respect to commitees...