Qualified institutions placement pricing: floor tied to recent average closing prices with limited shareholder-approved discount. Qualified institutions placement pricing must be no less than the average of the weekly high and low of the closing prices of the issuer's equity shares on the recognised exchange during the two weeks before the relevant date, subject to a limited shareholder-approved discount; pricing for convertible securities must reference the relevant date disclosed in the special resolution, partly paid-up eligible securities are prohibited, warrants may be paid for at allotment with resulting equity fully paid-up on exercise, and the issue price is adjustable for corporate actions and certain excluded market movements.