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    <title>Price and price band</title>
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    <description>Regulation 30 requires an issuer to indicate a price or price band and fix the final price prior to prospectus registration, with the registered prospectus containing a single price or specific coupon rate. The issuer must announce the floor price or price band in advance of bidding and include financial ratios for both ends of the band, direct attention to the &quot;basis of issue price,&quot; disclose these on stock exchange websites and pre fill exchange application forms. The price band cap cannot exceed one hundred and twenty per cent of the floor and the floor or final price cannot be below face value; the cap covers coupon rates for convertible debt.</description>
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    <pubDate>Mon, 28 Jan 2019 10:23:03 +0530</pubDate>
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      <description>Regulation 30 requires an issuer to indicate a price or price band and fix the final price prior to prospectus registration, with the registered prospectus containing a single price or specific coupon rate. The issuer must announce the floor price or price band in advance of bidding and include financial ratios for both ends of the band, direct attention to the &quot;basis of issue price,&quot; disclose these on stock exchange websites and pre fill exchange application forms. The price band cap cannot exceed one hundred and twenty per cent of the floor and the floor or final price cannot be below face value; the cap covers coupon rates for convertible debt.</description>
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