CURRENT AFFAIRS

Detailed explanation-1: -An unlisted security is a financial instrument that is not traded on a formal exchange because it does not meet listing requirements. Unlisted securities are also called OTC securities, as trading is done on the over-the-counter (OTC) market mostly by market makers.

Detailed explanation-2: -An unquoted public company or an unlisted public company is a firm that has issued equity shares that are no longer traded on a stock exchange. Companies might be unquoted because they are too small to qualify for a stock market listing, have too few shareholders for a listing, or have been delisted.

Detailed explanation-3: -Private companies with debt securities listed on any recognised stock exchange are considered listed companies. If a private company does not have any security listed on the stock exchange, it is considered an unlisted private company.

Detailed explanation-4: -Besides not qualifying to be listed, a public company may choose not to be listed on a stock exchange for a number of reasons, including because it is too small to qualify for a stock exchange listing, does not seek public investors, or there are too few shareholders for a listing.