I advise the directors to approach a 'consultant' as new issue of shares is not possible in stock exchange. Stock exchange is a secondary market, where, only existing securities are traded.
For new public issue, primary market or the new issue market is an appropriate place. Different methods of floatation of new issues of shares are:
(i) Offer through prospectus. (ii) Offer for sale.
(iii) Rights issue. (iv) e-IPOs.