Question
What does a Red Herring Prospectus contain as per the
provisions of the Companies Act?Solution
Explanation: Section 32 of Companies Act - Red herring Prospectus means a prospectus which does not include complete particulars of the quantum or price of the securities included therein. In simple terms a red herring prospectus contains most of the information pertaining to the company’s operations and prospects, but does not include key details of the issue such as its price and the number of shares offered.
What penalty amount did RBI impose on Indian Bank for regulatory non-compliance in 2025?
Which organization approved American Express's new campus in Gurugram?
_______________ has signed United Nations supported Principles for Responsible Investment (UNPRI) demonstrating its commitment towards Environment, Soci...
The Oxford Bookstore Book Cover Prize recognized Bhavi Mehta for her design of which book?
Why did RBI impose a penalty of Rs 10,000 each on Bank of America, N.A. and HDFC Bank Ltd.?
The International Cricket Council (ICC) has imposed a five-year period of ineligibility on which West Indies player for breaching multiple anti-corrupti...
Who has been appointed as the new Prime Minister of Kuwait as of 2024?
Which solar park in Karnataka currently has a capacity of 2,050 MW and may support expansion under the GAIL MoU?
NCPCR To Celebrate Elimination of Child Labour Week During _______?
Under the Revised SHAKTI Policy, how long can power producers access coal through Window-II?