Regulation 9 of the SEBI (LODR) Regulations, 2015 deals with the documents which a listed entity needs to keep. Nowadays, maintaining records is very important and prior to this provision there was a lack of proper mechanism of documents management. However, this provision is a step forward in introducing proper document management system. The category […]
A private placement is a capital raising event that involves the sale of securities to a relatively small number of select investors. A private placement is different from a public issue in which securities are made available for sale on the open market to any type of investor. As per the definition under Explanation II […]