Pricing of equity and convertible securities may be set with lead manager consultation or via regulated book building process. Issuers may determine the issue pricing of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with ... Summary
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Pricing of equity and convertible securities may be set with lead manager consultation or via regulated book building process.
Issuers may determine the issue pricing of equity shares and, for convertible securities, the coupon rate and conversion price either in consultation with lead managers or through the prescribed book building process; if book building is used, it must be conducted in accordance with the regulatory procedure specified for such offers.
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