https://www.taxtmi.com/acts?id=33580 Regulation 179 sets allotment rules for qualified institutions placements: bids are final after issue closure; at least ten per cent of eligible securities must be allotted to mutual funds with any unsubscribed portion reallocated to other QIBs; no allotment to QIBs who are promoters or promoter-related persons, except lenders without shareholding; promoter-related status arises from shareholders' or voting agreement rights, veto rights, or the right to appoint a nominee director. For non-convertible debt with warrants, investors may subscribe to the combined offering or to individual securities. en-us Fri, 21 Dec 2018 13:23:13 +0530 Sat, 10 Aug 2024 13:42:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33580 Regulation 179 sets allotment rules for qualified institutions placements: bids are final after issue closure; at least ten per cent of eligible securities must be allotted to mutual funds with any unsubscribed portion reallocated to other QIBs; no allotment to QIBs who are promoters or promoter-related persons, except lenders without shareholding; promoter-related status arises from shareholders' or voting agreement rights, veto rights, or the right to appoint a nominee director. For non-convertible debt with warrants, investors may subscribe to the combined offering or to individual securities. Act-Rules SEBI Fri, 21 Dec 2018 13:23:13 +0530 https://www.taxtmi.com/acts?id=33580