Yes, you can also go for private placement. But rights issue mode is simpler one.
Thanku Sir but it is written in the conditions for Private Placement - The offer shall not be less than Rs. 20000/- per subscriber of face value of shares.
In our company there are two shareholders and one of them is taking only one share and other one is taking remaining.
It means we can not go for Private Placement option.
Restriction is on "offer" and not "subscripttion" or "allotment". You can offer 2,000 shares but applicant may apply for one share only.
ok..thank you so much Sir.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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