Discover and read the best of Twitter Threads about #preferential

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This is BIG-#Promoters having 25% or more shares in a company can raise shareholding now,by 10% in a year,Vs earlier 5% limit

Increase in limit,permitted only via #preferential issue of equity shares

Will enable Cos greater access to #capital&very pro #markets

#TakeoverCode💪
Any rise in voting right beyond permitted threshold will result in mandatory open offer,vide 3(2) of takeover code

Threshold raised from 5 to 10%,via preferential issue,only for FY21

Change in #TakeoverCode,to help capital raising,by corporates,big step by @narendramodi govt💪
Increase in shareholding or voting rights,permitted only till 75% of non public shareholding limit

Gap between two #QIPs by listed entity,reduced from 6 months to just 2 weeks..this is HUGE& reflects @narendramodi govt's commitment to help corporates,to access capital

#Takeover
Read 3 tweets
Long Thread [Alert]

1/n Something big is up at @binance. First @Poloniex, then @steemit and now @CoinMarketCap. If we go by the reported news on the @TheBlock__ , this could be worth $400 Million. Assuming that it is not an #AprilFoolsDay prank...

theblockcrypto.com/post/60371/bin…
2/n Over the last 12 months, @cz_binance has acquired at least three companies - @BinanceJEX, @WazirXIndia, and @dapp_review. Looking at the big picture, it is a notable development as @cz_binance mops up the key players in the #decentralized fundraising space
3/n If you're looking to develop a #dapp, your best best is soon going to be the #Binance Blockchain. Why? Because it tacitly lets #developers know that it has the most well-oiled machinery in the much muddied #crypto space.
Read 11 tweets

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