Features about public companies

Its shares are offered to the general public by a Public Limited Company (PLC). Anyone can purchase its stock, either privately through an initial public offering (IPO) or publicly through stock trades. The financial health of PLCs must be disclosed to shareholders in strict compliance with regulations. Shareholders and the public will be held more accountable as a result. Features of public companies: According to the Companies Act, 2013, public limited companies must have at least three directors, and there is no limit on the number of directors. Shareholders of a public limited company are limited in their liability. The […]