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<h1>Public offer and private placement: companies may issue securities via prospectus, private placement, rights or bonus issues.</h1> A public company may issue securities by public offer through a prospectus, by private placement under Part II, or by rights or bonus issues in accordance with the Act and applicable securities regulations when listing is intended; public offer includes initial and further public offers and offers for sale by existing shareholders through a prospectus. A private company may issue securities by rights or bonus issues or by private placement under Part II. Specified classes of public companies may issue securities for listing in permitted foreign jurisdictions, and the Central Government may notify exemptions for such classes subject to parliamentary laying.