when an already listed organisation makes fresh issue of securities to | Examsbook

1053

Q: When an already listed organisation makes fresh issue of securities to the public, it is known as ________.

1
IPO
2
Preferential Issue
3
Rights Issue
4
FPO

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चर्चा

Answer : 4. "FPO"
Explanation :
Answer: D) FPO Explanation: FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

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