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Entrepreneurship · 2024 · 1 mark
CBSE 2024 · Central · Set 4 · Q3
‘Anarya Ltd.’, a company manufacturing cars wants to enter into e-car business in the next few months. For this it needs additional funds. To speed…
‘Anarya Ltd.’, a company manufacturing cars wants to enter into e-car business in the next few months. For this it needs additional funds. To speed up financing it decides to sell some of its shares to institutional investors. The company also does not wish to disclose this information in the open market.
From the following, identify the method of floatation of new issues used by the company :
Official answer
(C)
Private placement
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CBSE Class 12 Entrepreneurship past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.