https://www.taxtmi.com/acts?id=33416 Regulation 15 specifies categories of securities ineligible for minimum promoters' contribution: securities acquired in the preceding three years for non cash consideration or involving asset revaluation or bonus issues from revaluation/unrealised profits; securities pledged with creditors; securities acquired in the preceding one year by promoters or certain investors at prices below the IPO price (subject to payment of the price difference or specified restructuring and conversion exceptions); and specific rules for issuers formed by conversion of partnership entities, with eligibility restored where acquisition is pursuant to an approved restructuring scheme. en-us Fri, 21 Dec 2018 11:33:26 +0530 Wed, 10 Sep 2025 15:10:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33416 Regulation 15 specifies categories of securities ineligible for minimum promoters' contribution: securities acquired in the preceding three years for non cash consideration or involving asset revaluation or bonus issues from revaluation/unrealised profits; securities pledged with creditors; securities acquired in the preceding one year by promoters or certain investors at prices below the IPO price (subject to payment of the price difference or specified restructuring and conversion exceptions); and specific rules for issuers formed by conversion of partnership entities, with eligibility restored where acquisition is pursuant to an approved restructuring scheme. Act-Rules SEBI Fri, 21 Dec 2018 11:33:26 +0530 https://www.taxtmi.com/acts?id=33416