Introduction of the term Unlisted Company
Give a brief introduction of the term Unlisted Company?
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Promoters in the unlisted companies put in at most twenty percent of post issue capital. Promoters also assist in shareholding that offers for sale and it must not be less than twenty percent. In the unlisted companies also securities that are issued to promoters at a low price that is lower than the equity gets offered to public and it does not remain appropriate for promoters contribution. Contribution of the promoters is considered by post issue capital where the promoter contributes throughout some optional convertible security and it is as well been there to public.
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