https://www.taxtmi.com/acts?id=40436 Regulation 166A requires an independent registered valuer's valuation report for preferential issues that may change control or allot more than five percent post-issue, with the floor price set as the higher of regulatory floor, valuer price, or articles-based price; valuation must address control premium if control may change and be published on the issuer's website and referenced in the shareholders' meeting notice. Preferential issues likely to change control require a reasoned recommendation from the committee of independent directors, disclosure of that committee's voting pattern in the meeting notice, and attendance by all independent directors. en-us Tue, 18 Jan 2022 10:39:17 +0530 Sat, 10 Aug 2024 12:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40436 Regulation 166A requires an independent registered valuer's valuation report for preferential issues that may change control or allot more than five percent post-issue, with the floor price set as the higher of regulatory floor, valuer price, or articles-based price; valuation must address control premium if control may change and be published on the issuer's website and referenced in the shareholders' meeting notice. Preferential issues likely to change control require a reasoned recommendation from the committee of independent directors, disclosure of that committee's voting pattern in the meeting notice, and attendance by all independent directors. Act-Rules SEBI Tue, 18 Jan 2022 10:39:17 +0530 https://www.taxtmi.com/acts?id=40436