https://www.taxtmi.com/acts?id=35727 A listed issuer may make a qualified institutions placement only if shareholders pass a special resolution and the equity shares of the same class proposed to be allotted (or issuable on conversion/exchange) have been listed on a recognised stock exchange with nationwide trading terminals for at least one year prior to the notice convening the meeting; the transferee company proviso allows counting the transferor's listing period. The special resolution must state the proposed QIP allotment and specify the relevant date; "equity shares of the same class" is defined by the Explanation to rule 19(4) of the Securities Contracts (Regulation) Rules. en-us Mon, 28 Jan 2019 12:42:34 +0530 Mon, 28 Jan 2019 12:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35727 A listed issuer may make a qualified institutions placement only if shareholders pass a special resolution and the equity shares of the same class proposed to be allotted (or issuable on conversion/exchange) have been listed on a recognised stock exchange with nationwide trading terminals for at least one year prior to the notice convening the meeting; the transferee company proviso allows counting the transferor's listing period. The special resolution must state the proposed QIP allotment and specify the relevant date; "equity shares of the same class" is defined by the Explanation to rule 19(4) of the Securities Contracts (Regulation) Rules. Act-Rules SEBI Mon, 28 Jan 2019 12:42:34 +0530 https://www.taxtmi.com/acts?id=35727