Buy-back of shares permitted by proportionate private offers to shareholders or purchase of employee-issued securities under option schemes. Rule 3 permits a company to buy back its shares either from existing shareholders on a proportionate basis through private offers or by purchasing ... Summary
Buy-back of shares permitted by proportionate private offers to shareholders or purchase of employee-issued securities under option schemes.
Rule 3 permits a company to buy back its shares either from existing shareholders on a proportionate basis through private offers or by purchasing securities issued to employees under a stock option or sweat equity scheme.
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