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    <title>Securities and Exchange Board of India (Buy-back of Securities) (Amendment) Regulations, 1999</title>
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    <description>The amendment revises the Buy-back Regulations by substituting &#039;share&#039;/&#039;shareholders&#039;/&#039;share certificates&#039; with &#039;specified securities&#039;/&#039;security-holders&#039;/&#039;security certificates&#039;, replacing ordinance references with the Companies (Amendment) Act, requiring disclosure of a maximum price for buy-backs while allowing shareholder authorisation for the board to fix the specific price later, omitting sub-regulation (6) of Regulation 19, and substituting Schedule I clause iii to permit explanatory statements to seek shareholder authority for the board to adopt a method in Regulation 4(1) at the appropriate time.</description>
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