https://www.taxtmi.com/acts?id=33512 Issuance of warrants in a further public offer is permitted only if warrants have a limited tenure from allotment, may be attached to specified securities, and have an exercise price or formula fixed upfront with a portion of the consideration collected on issuance; where the exercise price is formula-based, the upfront amount is calculated with reference to the cap of the price band for linked equity or convertible securities. If a warrant holder does not exercise within the prescribed exercise window from payment, the issuer may forfeit the consideration. en-us Fri, 21 Dec 2018 12:29:09 +0530 Fri, 09 Aug 2024 16:00:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33512 Issuance of warrants in a further public offer is permitted only if warrants have a limited tenure from allotment, may be attached to specified securities, and have an exercise price or formula fixed upfront with a portion of the consideration collected on issuance; where the exercise price is formula-based, the upfront amount is calculated with reference to the cap of the price band for linked equity or convertible securities. If a warrant holder does not exercise within the prescribed exercise window from payment, the issuer may forfeit the consideration. Act-Rules SEBI Fri, 21 Dec 2018 12:29:09 +0530 https://www.taxtmi.com/acts?id=33512