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of <h1>Issuers Can Reserve Shares for Employees in Rights Issues, Max Allotment Value Set at 2 Lakhs per Employee under Regulation 55A.</h1> Regulation 55A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, allows issuers to reserve shares for employees during a rights issue. The regulation stipulates that the value of shares allotted to any employee must not exceed two lakh rupees. This provision was introduced in December 2009 and amended in April and November 2010, which included omitting the word 'its' and increasing the maximum allotment value from one lakh to two lakh rupees.
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