Buy-back through book building
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....********** NOTES:- 1. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/120 dated 07-02-2023, w.e.f. thirtieth day from the date of their publication in the Official Gazette before it was read as:- "22. A company may buy-back its shares or other specified securities through the book-building process as provided hereunder: (i) The Special resolution or the board of dir....
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....in the escrow account shall be determined with reference to the maximum price as specified in the public announcement. Explanation: The cash component of the escrow account may be maintained in terms of the Explanation to clause (c) of sub-regulation (xi) of regulation 9. (iv) A copy of the public announcement shall be filed with the Board within two days of such announcement along with the ....
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