Prospectus Shares reserved for subscription on firm allotment basis Whether excluded in arriving at number of shares offered to public for subscription

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....mber of shares offered to public for subscription In a recent prospectus, it was observed that shares which were reserved for subscription on "firm allotment" basis were included in the number of shares offered to the public for subscription stated in the prospectus. Such a presentation would almost invariably be confusing to the intending investors and might well be, in certain circumstances, de....