https://www.taxtmi.com/notifications?id=127774 Amendments prohibit certain open-market buy-backs reaching a material portion of paid-up capital and reserves, bar a subsequent buy-back within one year of closure, require at least half of the earmarked buy-back amount to be used for repurchases, mandate prompt announcement, opening and closing timelines, daily disclosures, a separate mechanism for physical share buy-backs with identity verification and VWAP-based pricing, and creation of an escrow with cash or bank guarantee subject to drawdown, minimum cash security, staged release, and limited forfeiture to SEBI's investor fund for non-compliance. en-us Thu, 08 Aug 2013 00:00:00 +0530 Thu, 19 Dec 2019 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127774 Amendments prohibit certain open-market buy-backs reaching a material portion of paid-up capital and reserves, bar a subsequent buy-back within one year of closure, require at least half of the earmarked buy-back amount to be used for repurchases, mandate prompt announcement, opening and closing timelines, daily disclosures, a separate mechanism for physical share buy-backs with identity verification and VWAP-based pricing, and creation of an escrow with cash or bank guarantee subject to drawdown, minimum cash security, staged release, and limited forfeiture to SEBI's investor fund for non-compliance. Notifications SEBI Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127774