COMMON CONDITIONS FOR PUBLIC ISSUES AND RIGHTS ISSUES - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
COMMON CONDITIONS FOR PUBLIC ISSUES AND RIGHTS ISSUES - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Pricing of infrequently traded equity shares must use valuation parameters and obtain an independent compliance certificate. Pricing of equity shares for infrequently traded securities must consider valuation parameters such as book value, comparable trading multiples and other ... Summary
Pricing of infrequently traded equity shares must use valuation parameters and obtain an independent compliance certificate.
Pricing of equity shares for infrequently traded securities must consider valuation parameters such as book value, comparable trading multiples and other customary metrics; the issuer must submit a certificate of compliance to the stock exchange from an independent merchant banker or an independent chartered accountant in practice evidencing adherence to this requirement.
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