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
Reservation for convertible debt holders required when issuing bonus shares; reserved equity issued at conversion on identical terms. Issuers making a bonus issue must reserve equity shares of the same class for holders of outstanding compulsorily convertible debt instruments in ... Summary
Reservation for convertible debt holders required when issuing bonus shares; reserved equity issued at conversion on identical terms.
Issuers making a bonus issue must reserve equity shares of the same class for holders of outstanding compulsorily convertible debt instruments in proportion to the convertible part; reserved shares must be issued at conversion on the same terms or in the same proportion as the bonus shares.
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