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A company may issue securities for different reasons; the main reason being raising capital to meet its financial requirements. The financial requirements can be starting a venture, repaying debts, expansion and diversification. Or any other general corporate purposes. Note – As per Section 27 of Companies Act 2013 – variation in Prospectus - company has to use funds strictly in accordance with the prospectus. Deviations are required to be pre-approved in general meeting by way of special resolution ; however deviation regarding use of issue proceeds for buying, trading, or otherwise dealing in equity shares of any other listed company is NOT permitted.
Which of the following is the religious text of the Jews?
What is the primary aim of the National Landslide Forecasting Centre (NLFC) inaugurated by Union Minister G. Kishan Reddy?
Nehru Memorial Museum and Library has been renamed as?
Which two navies participated in the annual bilateral maritime exercise Konkan 2023 held off the Konkan coast in the Arabian Sea?
Who is the official sponsor for the 37th National Games in Goa?
Under Project Kuiper, how many satellites does Amazon plan to deploy for its broadband internet network?
Who won the Pulitzer Prize for Breaking News Photography in 2025 for capturing the assassination attempt on Donald Trump?
Which companies have been awarded the engineering design study contract for Sembcorp Industries Ltd's green ammonia plant in Thoothukudi, Tamil Nadu?