RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Pricing rules allow issuers to set issue price via consultation or book building, with mandatory schedule compliance. Regulation 28 permits an issuer to determine the price of specified securities, and to fix coupon rates and conversion prices for convertible debt, either ... Summary
Pricing rules allow issuers to set issue price via consultation or book building, with mandatory schedule compliance.
Regulation 28 permits an issuer to determine the price of specified securities, and to fix coupon rates and conversion prices for convertible debt, either in consultation with the lead merchant banker or through the book building process, and mandates that any book building be undertaken in the manner prescribed in Schedule XI.
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