Minimum public offer requirement governed by securities contracts rules, shaping issuance conditions under disclosure regulations. Regulation 31 provides that the minimum offer to the public under the Issue of Capital and Disclosure Requirements Regulations, 2018 (Part VIII: Issuance Conditions and Procedure) shall be subject to the provisions of clause (b) of sub rule (2) of rule 19 of the Securities Contracts (Regulation) Rules, 1957, thereby requiring issuers to comply with that clause when determining the minimum public offer for an issuance.