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<h1>SEBI Amends Buy-Back Regulations: Revised Merchant Banker Fees Based on Offer Size in Schedule IV, Paragraph (1).</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Buy-Back of Securities Regulations, 1998, effective upon publication in the Official Gazette. This amendment, dated August 21, 2006, modifies Schedule IV, paragraph (1), concerning fees payable by merchant bankers when submitting offer documents or public announcements. The fees are structured based on offer size: Rs. 1,00,000 for offers up to one crore, Rs. 2,00,000 for offers between one and five crores, Rs. 3,00,000 for offers between five and ten crores, and 0.5% of the offer size for amounts exceeding ten crores.