A company can issue shares at discount to the public
Is it True or false
Answers
Answered by
0
Answer:
false
Explanation:
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Answered by
0
Answer:
The required answer is False.
Explanation:
A corporation is not permitted to offer shares at a discount value under SEBI regulations. It might go against the 2013 Companies Act and SEBI regulations.
Because no corporation can sustain the loss brought on by the discounted price, a company cannot issue shares at a discount. Additionally, it encourages unhealthy rivalry, as low-graded businesses may offer discounts to investors while deceiving them with their superior performance. Consequently, in order to safeguard investors' interests, the Company Act of 2013 forbade the issuance of shares at a discount.
Therefore, the given statement is false.
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