Qualified institutions placement defines private allotment of eligible securities to institutional buyers with specified relevant date rules. Defines eligible securities to include equity shares, non-convertible debt instruments with warrants, and convertible securities other than warrants; defines qualified institutions placement as allotment of such eligible securities by a listed issuer to qualified institutional buyers on a private placement basis; and prescribes the relevant date as the board or authorised committee decision date to open the issue for equity, and for convertibles either that decision date or the date holders become entitled to apply for equity shares.