Price determination for equity and convertible securities may be made in consultation with lead managers or via book building process. Regulation 249 permits the issuer to determine the price of equity shares and, for convertible securities, the coupon rate and conversion price in consultation with the lead manager(s) or through the book building process; where book building is used, the issuer must undertake it in the manner specified in the applicable schedule.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Price determination for equity and convertible securities may be made in consultation with lead managers or via book building process.
Regulation 249 permits the issuer to determine the price of equity shares and, for convertible securities, the coupon rate and conversion price in consultation with the lead manager(s) or through the book building process; where book building is used, the issuer must undertake it in the manner specified in the applicable schedule.
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