Imaginations Ltd. Is a reputed advertising …
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Imaginations Ltd. Is a reputed advertising agency with its branches spread all over the country. The company is now planning to open an educational institution for offering various kinds of management courses. The financial manager of the company has decided to raise ₹100 crores for financing this project only through an issue of equity shares. State any 4 conditions under which a company may resort to issue of equity only in order to meet the financial needs of its growth and diversification plans.
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