Financial Market — Secretarial Practice STD 12 Commerce / Arts — Question
Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeFinancial Market2 Marks
Question
Private Placement
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Answer
Private placement means when a company offers its securities to a selected group of persons identified by the board excluding qualified institutional buyers and employees not exceeding 200. This helps the company to raise funds quickly and economically
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