Prospectus

1. No, the Prospectus is required to issue when there is Fresh issue of shares, for secendory issues it has to file a statement in lieu of Prospectus.

2. No, the public company has some restriction for intercorporate funding Refer Section 372A of companies act 1956.

3. No. the right issue is offer to existing shareholders, so there is no need to issue prospectus.

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