Tag Archives: IPO

Promoters of the company rather than for the purpose stated in the prospectus of the money raised from the public -use elsewhere , so it may have to return money to investors . Standard corporate governance is being done to improve . It is in the interest of investors . Sebi will soon rule for it . Accordingly , the promoter of the public funds used elsewhere , so that investors do not agree , they must return their money . In such cases, the regulator will decide the exit price . Earth Prime Database chairman of Haldia said , …