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A listed Indian company proposes to make a simultaneous FPO and private placement of GDRs in overseas market
A listed Indian company proposes to make a simultaneous FPO and private placement of GDRs in overseas market. This has the following implication(s):
(a) The entire new shares will be listed in India
(b) The shares underlying the GDRs will be listed in India
(c) The shares underlying the GDRs will be added to the FPO
(d) The GDRs will be listed in the overseas market
(e) The proposed scheme is not feasible
(f) The shares will be locked in for 3 years
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