What are the requirements for listing your company in OTCEI?
SEBI guidelines (1992) on public issue envisage the listing of securities on any stock exchange or OTCEI.OTCEI is a company incorporated in 1990 under the Companies Act. It became operational on September 1992. ADVERTISEMENTS: OTCEI is a recognized stock exchange under the securities Contract (Regulation) Act, 1956. The objective of the OTCEI is to help companies raise finances from capital in a cost effective manner and provide a convenient and effective avenue of capital market investment for investors at large.Listing on OTCEI may be sought by companies with an equity capital of less than Rs. 10 Crore or closely held companies wanting to attain a listed company status and company assisted by venture capitalists. Image Source: theemergingworld.in Listing Requirements of OTCEI: a. The minimum issued share capital of a company…