Green Flag for Companies to make ‘Fast Track Rights Issue’ in case of pending show-cause notices

    Posted By : Damini / Published on : 30-Sep-2020 08:54 AM / View : 68 / Comment : 0
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    Companies will now be eligible to come out with Fast Track Rights Issue, in case of pending show-cause notices w.r.t. adjudication, prosecution proceedings and audit qualification, provided that necessary disclosures along with potential adverse impact on the issuer are made in the letter of offer.

    Confirm if any one doing.
    Read more on : pending case show cause notices issue rights companies flag make



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