https://www.taxtmi.com/acts?id=33281 Escrow account requirements govern open market buy-back through stock exchange by requiring the company to create an escrow account within two working days of the public announcement and deposit 25 per cent of the amount earmarked for the buy-back. The escrow may be maintained in cash, bank guarantee, eligible securities, government securities, mutual fund units invested in gilt funds and overnight schemes, or a combination of these, subject to prescribed margin requirements. en-us Thu, 20 Dec 2018 14:45:08 +0530 Tue, 07 Jul 2026 15:19:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33281 Escrow account requirements govern open market buy-back through stock exchange by requiring the company to create an escrow account within two working days of the public announcement and deposit 25 per cent of the amount earmarked for the buy-back. The escrow may be maintained in cash, bank guarantee, eligible securities, government securities, mutual fund units invested in gilt funds and overnight schemes, or a combination of these, subject to prescribed margin requirements. Act-Rules SEBI Thu, 20 Dec 2018 14:45:08 +0530 https://www.taxtmi.com/acts?id=33281