https://www.taxtmi.com/acts?id=18497 Preferential allotment requires a special resolution and compliance with the Act and SEBI regulations if listed; articles must permit the issue and allotment must complete within twelve months or a fresh special resolution is needed. Detailed explanatory statement disclosures are mandatory, including pricing basis and valuation report by a registered valuer. Convertible securities' resultant share price must be determined either upfront or within a specified period based on valuer reports, and non-cash consideration must be valued and accounted for per accounting standards; interim valuation by specified merchant bankers or chartered accountants is allowed until registered valuers are appointed. en-us Wed, 02 Apr 2014 13:31:21 +0530 Thu, 19 Feb 2026 10:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18497 Preferential allotment requires a special resolution and compliance with the Act and SEBI regulations if listed; articles must permit the issue and allotment must complete within twelve months or a fresh special resolution is needed. Detailed explanatory statement disclosures are mandatory, including pricing basis and valuation report by a registered valuer. Convertible securities' resultant share price must be determined either upfront or within a specified period based on valuer reports, and non-cash consideration must be valued and accounted for per accounting standards; interim valuation by specified merchant bankers or chartered accountants is allowed until registered valuers are appointed. Act-Rules Companies Law Wed, 02 Apr 2014 13:31:21 +0530 https://www.taxtmi.com/acts?id=18497