https://www.taxtmi.com/acts?id=35118 Regulation 7 requires the explanatory statement annexed to the Companies Act notice to state the maximum price for the buy-back of shares or other specified securities and whether the board is authorised to determine the specific price later. If a promoter intends to offer securities, the statement must disclose the quantum proposed to be tendered and details of the promoter's transactions and holdings for the six months before the special resolution, including numbers acquired and the price and date of acquisition. en-us Wed, 16 Jan 2019 15:22:26 +0530 Thu, 17 Jan 2019 12:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35118 Regulation 7 requires the explanatory statement annexed to the Companies Act notice to state the maximum price for the buy-back of shares or other specified securities and whether the board is authorised to determine the specific price later. If a promoter intends to offer securities, the statement must disclose the quantum proposed to be tendered and details of the promoter's transactions and holdings for the six months before the special resolution, including numbers acquired and the price and date of acquisition. Act-Rules SEBI Wed, 16 Jan 2019 15:22:26 +0530 https://www.taxtmi.com/acts?id=35118