Sika Ltd., a reputed industrial machines manufacturer, needs Rupees twenty crores as additional capital to expand the business. Mr. Amit Joshi, the Chief Executive Officer (CEO) of the company wants to raise funds through equity. The Fiance Manager, Mr. Narinder Singh, suggested that the shares may be sold to investing public through intermediaries, as the same will be less expansive.
Name the method through which the company decide to raise additional capital.

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Solution

The method through which the company decide to raise additional capital is 'Offer for Sale'

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