https://www.taxtmi.com/acts?id=33651 Regulation 250 allows issuers to state a price or price band and finalise price later, but the filed prospectus must show only one price or a specific coupon rate. The cap on the price band and convertible coupon rate is limited to 120% of the floor price, and the floor or final price must not be below face value. Issuers must announce the floor price or price band at least two working days before opening, disclose financial ratios for both band ends and reference the "basis of issue price," and publish these disclosures on SME exchange websites and pre-fill them in application forms. en-us Fri, 21 Dec 2018 14:40:11 +0530 Wed, 12 Mar 2025 14:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33651 Regulation 250 allows issuers to state a price or price band and finalise price later, but the filed prospectus must show only one price or a specific coupon rate. The cap on the price band and convertible coupon rate is limited to 120% of the floor price, and the floor or final price must not be below face value. Issuers must announce the floor price or price band at least two working days before opening, disclose financial ratios for both band ends and reference the "basis of issue price," and publish these disclosures on SME exchange websites and pre-fill them in application forms. Act-Rules SEBI Fri, 21 Dec 2018 14:40:11 +0530 https://www.taxtmi.com/acts?id=33651