Join ExamsbookAnswer : 4. "FPO"
When an already listed organisation makes fresh issue of securities to the public, it is known as ________.5
Q: When an already listed organisation makes fresh issue of securities to the public, it is known as ________.
- 1IPOfalse
- 2Preferential Issuefalse
- 3Rights Issuefalse
- 4FPOtrue
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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.