Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Regulation 161 Defines 'Relevant Date' for Preferential Issues in Securities and Exchange Board of India Rules, 2018.</h1> Regulation 161 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, defines the 'relevant date' for preferential issues. For equity shares, it is thirty days before the shareholders' meeting to consider the issue. For specified securities under stressed asset resolutions or approved resolution plans, it is the date of approval of the restructuring or plan. For convertible securities, it is either the date mentioned for equity shares or thirty days before holders can apply for equity shares. If the relevant date is a weekend or holiday, the preceding day is used.