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    <title>New Rules in respect of unlisted public companies preferential allotment/private placement</title>
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    <description>The rules establish procedural, disclosure and filing requirements for preferential allotment and private placement by unlisted public companies: preferential issues require a special resolution and approval of a detailed offer document, filings with the Registrar, pre-determined pricing for convertible warrants, timing limits between openings and closings and between issues, prior government approval for sizable cumulative convertible instrument issues, mandatory returns of allotment and a compliance certificate by a practicing professional, and compulsory dematerialization of all securities issued.</description>
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      <title>New Rules in respect of unlisted public companies preferential allotment/private placement</title>
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      <description>The rules establish procedural, disclosure and filing requirements for preferential allotment and private placement by unlisted public companies: preferential issues require a special resolution and approval of a detailed offer document, filings with the Registrar, pre-determined pricing for convertible warrants, timing limits between openings and closings and between issues, prior government approval for sizable cumulative convertible instrument issues, mandatory returns of allotment and a compliance certificate by a practicing professional, and compulsory dematerialization of all securities issued.</description>
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      <pubDate>Tue, 24 May 2011 00:00:00 +0530</pubDate>
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