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    Question on subsidiary of foreign company

    Posted By : CS Shiriti / Published on : 14-Sep-2019 06:57 AM / View : 829 / Comment : 0

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    Hi All,

    Can a subsidary of foreign company located in India issue multiple times right issues during a FY.

    All shares were issued to the foreign holding company(99.5% held by foreign holding).

    Please share your views.

    Thanks & Regards
    CS Ishmavel J
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