In-principle approval of recognized stock exchange(s).

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Full Text of the Document

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....ntity, before issuing securities, shall obtain an 'in-principle' approval from recognised stock exchange(s) in the following manner: (a) where the securities are listed only on recognised stock exchange(s) having nationwide trading terminals, from all such stock exchange(s); (b) where the securities are not listed on any recognised stock exchange having nationwide trading termina....