Conditions for listing of non-convertible redeemable preference shares issued on private placement basis

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....private placement basis. 17. (1) An issuer may list its non-convertible redeemable preference shares issued on private placement basis on a recognized stock exchange subject to the following conditions: (a) the issuer has issued such non-convertible redeemable preference shares in compliance with the provisions of the Companies Act,1956, rules prescribed thereunder and other applicable laws; (b....