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Prakhar Ltd. intends to raise share capital by issuing Equity Shares in different stages over a certain period. However, the company does not wish

Prakhar Ltd. intends to raise share capital by issuing Equity Shares in different stages over a certain period. However, the company does not wish to issue a prospectus every time issue of shares. Considering the provisions of the Companies Act, 2013, discuss what formalities Prakhar Ltd. should follow to avoid repeated issuance of a prospectus.

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