Question
The minimum subscription amount in case of private
placement per investor shall _______________ or equivalent or such amount as may be specified by Board from time to time as per the SEBI (International Financial Services Centres) Guidelines, 2015?Solution
Guideline 13 Minimum subscription in case of private placement: The minimum subscription amount in case of private placement per investor shall not be less than US Dollar hundred thousand or equivalent or such amount as may be specified by Board from time to time.
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