Accountancy, asked by v792132, 1 month ago

a company issued 75000 shares to their parent company is an example of​

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Answered by keerthanakrishna59
1

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Answered by shilpa85475
0

This is an example of Private Placement of Shares since here the company is directly issuing 75,000 shares to their parent company without offering it to the public or employees and as per section 42 of the company’s act 2013 “Any Offering of a company’s securities for a select group of persons other than by way of a public issue through a private placement offer letter is categorized under Private placement by companies”.

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