Qualified institutions placement eligibility requires shareholder special resolution and compliance with listing and promoter integrity requirements. A listed issuer may make a qualified institutions placement only after a special resolution approving such placement, with allotment completed within the prescribed period; the equity shares of the same class must have been listed on a recognised stock exchange for the required continuous period prior to notice, subject to specified exceptions; issuers with promoters or directors who are fugitive economic offenders are ineligible. All eligible securities issued must be listed on the recognised stock exchange where the issuer's equity shares are listed, and a statutory cooling-off interval must be observed before any subsequent placement.