TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Rules: Minimum Promoters' Contribution Exemptions for Certain Issuers, Further Public Offers, and Rights Issues Explained</h1> The Securities and Exchange Board of India (SEBI) regulations specify that the requirement for minimum promoters' contribution does not apply in certain cases. These include issuers without identifiable promoters, further public offers where the issuer's shares have been frequently traded on a recognized stock exchange for at least three years with a consistent dividend track record, and rights issues. If promoters subscribe beyond a specified threshold in such offers, the excess must be priced according to regulation 76 or the issue price, whichever is higher. The term 'infrequently traded' aligns with SEBI's definitions under acquisition regulations.
TaxTMI 
TaxTMI 
