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>Regulation 85: Pricing Guidelines for Qualified Institutions Placement with Adjustments for Stock Splits and Rights Issues</h1> Regulation 85 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, outlines the pricing guidelines for Qualified Institutions Placement (QIP). The placement price must be at least the average of the weekly high and low closing prices over the two weeks before the relevant date, with a possible discount of up to five percent, subject to shareholder approval. Convertible securities must be priced based on a disclosed relevant date. Partly paid securities are not allowed, except for specific non-convertible debt instruments. Price adjustments are required for events like stock splits or rights issues, ensuring fairness in pricing.
TaxTMI 
TaxTMI 
