Issue of shares

OFS shares are hold by directors and sold to public by the company Renunciation of shares means selling ur ri8s to someone

Ganesh U

CA Final

★ 6K+

05-May-23 16:43

Both are sold to outsiders only na

Thread Starter

Neha

CA Inter

★ 3K+

05-May-23 16:49

Yes but OFS sale amount not paid to company. Amount paid to promoters.

Sethu Raman

CA Inter

★ 5K+

05-May-23 17:21

Ofs is done by directors on the request or approval of members. Renounciation of rights is made by members

First name Last name

CA Inter

★ 285

05-May-23 22:12

An offer for sale is a process in which the company or an existing shareholder sells their shares in the company to the public through a stock exchange. Renunciation of rights is a process by which existing shareholders of a company give up their right to subscribe to additional shares being issued by the company.

CA Suraj Lakhotia

Admin

06-May-23 15:07