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Resource Mobilization — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipResource Mobilization1 Mark
Question
What do you understand by private placement?
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Answer

Private placement means the direct sale by a company of its securities to a limited number of institutional investors like:
  1. Unit Trust of India.
  2. Army Group Insurance.
  3. State Level Financial Corporation.
  4. LIC, etc.

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