https://www.taxtmi.com/notifications?id=133483 New regulation permits issuers of frequently traded shares to opt for an alternate pricing method for preferential issues. The floor price must be the higher of: (a) the average of the weekly high and low of the VWAP over the twelve weeks preceding the relevant date; or (b) the average of the weekly high and low of the VWAP over the two weeks preceding the relevant date. Securities allotted under this method carry a three-year lock-in and all allotments under the same shareholder approval must use the same pricing method. en-us Wed, 01 Jul 2020 00:00:00 +0530 Thu, 09 Jul 2020 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133483 New regulation permits issuers of frequently traded shares to opt for an alternate pricing method for preferential issues. The floor price must be the higher of: (a) the average of the weekly high and low of the VWAP over the twelve weeks preceding the relevant date; or (b) the average of the weekly high and low of the VWAP over the two weeks preceding the relevant date. Securities allotted under this method carry a three-year lock-in and all allotments under the same shareholder approval must use the same pricing method. Notifications SEBI Wed, 01 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133483