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>Companies Can Freely Set Share Prices; Infrastructure Firms Follow SEBI Norms, Banks Need RBI Approval for Pricing</h1> Companies eligible to issue securities can freely set prices for equity shares or convertible securities. Listed companies can determine prices for public or rights issues, while unlisted companies can do so for public issues if they seek stock exchange listing. Infrastructure companies can freely price shares, adhering to SEBI norms. Banks require Reserve Bank of India approval for pricing. Differential pricing is allowed, with certain conditions for retail investors. Companies can set a price band with a 20% cap. No discounts or commissions are permitted for firm allotments. Share denominations can be determined freely, adhering to SEBI disclosure norms.
TaxTMI 
TaxTMI 
