https://www.taxtmi.com/acts?id=35731 Restrictions on allotment in a qualified institutions placement require a minimum allocation to mutual funds with unsubscribed portions reallocated to other qualified institutional buyers, and prohibit allotment to qualified institutional buyers who are promoters or persons related to promoters (subject to an exception for lenders without shareholding). In combined offerings of non-convertible debt with warrants investors may subscribe to the combined or individual securities, and applicants may not withdraw bids after issue closure. Rights deeming a buyer related include shareholders' or voting agreement rights, veto rights, or the right to appoint a nominee director. en-us Mon, 28 Jan 2019 13:03:30 +0530 Mon, 28 Jan 2019 13:03:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35731 Restrictions on allotment in a qualified institutions placement require a minimum allocation to mutual funds with unsubscribed portions reallocated to other qualified institutional buyers, and prohibit allotment to qualified institutional buyers who are promoters or persons related to promoters (subject to an exception for lenders without shareholding). In combined offerings of non-convertible debt with warrants investors may subscribe to the combined or individual securities, and applicants may not withdraw bids after issue closure. Rights deeming a buyer related include shareholders' or voting agreement rights, veto rights, or the right to appoint a nominee director. Act-Rules SEBI Mon, 28 Jan 2019 13:03:30 +0530 https://www.taxtmi.com/acts?id=35731