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Question
Write a word or a term or a phrase which can substitute the following statement:
Prospectus used for multiple issue of shares within a year.
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Solution
Shelf prospectus
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A public limited company has issued all the shares mentioned in its Memorandum as Authorized Capital. Now the Company wants to make a public issue of 10,000 shares at face value of Rs 100 per share, to raise more funds for its expansion activities :
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