Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>New Rules for Open Market Buy-Backs: Disclosures and Pricing Procedures Under Regulation 22B of SEBI 2018</h1> Regulation 22B of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 outlines the procedure for buy-back offers from the open market. Companies must disclose the maximum buy-back price and the book value of the shares. The offer opening announcement is published on the buy-back commencement date. For frequently traded securities, the lower price range must exceed the higher of the closing price on the notice date or the volume-weighted average price over the prior fifteen trading days. For infrequently traded securities, a registered valuer determines the lower price range. The buy-back price is based on shareholder bids within the set range. Price effects due to material movements may be excluded per specified frameworks.