9-When a company, which is already listed on a stock exchange, issues shares or debenture (wholly or partly convertible) or any other kind of security not including warrants, which are convertible in nature, to Qualified Institutional Buyer (QIB), is called as Qualified Institutional Placement (QIP). Find if it is true or false.

Answer rating: 100% (QA)

Answer True Qualified Institutional Placement QIP r... View the full answer