Allotment timing: preferential allotments require completion within the prescribed period or a fresh special resolution and price reset. Allotment pursuant to a special resolution must be completed within a prescribed period, subject to extension where regulatory approvals, exemptions, or Board granted relaxations are pending; preferential allotment under stressed assets resolution frameworks is exempt. If allotment is not completed within the prescribed period, a fresh special resolution is required and the relevant date for price determination shifts accordingly. Preferential issues that attract an obligation to make an open offer have timing counted from the expiry of the offer period or receipt of statutory approvals, and all allotments must be made in dematerialised form, including on exercise of warrants or conversion.