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Jan 23, 2015
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Easier pricing for partly-paid shares, warrants: Sebi
The Securities and Exchange Board of India (Sebi) on Thursday allowed flexibility on pricing for issues of partly-paid shares and warrants issued through both public and rights issues. The move is seen benefiting foreign investors and enabling fund flows into Indian markets. Currently, the part payment option is available only for rights issues.
Source -
http://www.financialexpress.com
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