Safety-net arrangement allows issuer to offer repurchase of specified securities from retail allottees under disclosed terms within a time limit. An issuer may implement a safety-net arrangement for specified securities in a public issue in consultation with the merchant banker after ascertaining the financial capacity of the person offering the arrangement, subject to disclosures in Part A of Schedule VIII; the arrangement must offer to purchase specified securities from original resident retail individual allottees at the issue price within six months from despatch or credit.