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    <title>Eligibility conditions</title>
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    <description>A listed issuer may make a qualified institutions placement only after a special resolution approving such placement, with allotment completed within the prescribed period; the equity shares of the same class must have been listed on a recognised stock exchange for the required continuous period prior to notice, subject to specified exceptions; issuers with promoters or directors who are fugitive economic offenders are ineligible. All eligible securities issued must be listed on the recognised stock exchange where the issuer&#039;s equity shares are listed, and a statutory cooling-off interval must be observed before any subsequent placement.</description>
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      <description>A listed issuer may make a qualified institutions placement only after a special resolution approving such placement, with allotment completed within the prescribed period; the equity shares of the same class must have been listed on a recognised stock exchange for the required continuous period prior to notice, subject to specified exceptions; issuers with promoters or directors who are fugitive economic offenders are ineligible. All eligible securities issued must be listed on the recognised stock exchange where the issuer&#039;s equity shares are listed, and a statutory cooling-off interval must be observed before any subsequent placement.</description>
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