Obligations of the company for all buy-back procedures
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....any shares or other specified securities including by way of bonus till the date of expiry of buyback period for the offer made under these regulations ^3[, except in discharge of subsisting obligations through conversion of warrants, stock option schemes, sweat equity or conversion of preference shares or debentures into equity shares] ^4[:] ^5[Provided that the relevant details and the potential impact of such subsisting obligations, if any, shall be disclosed in the public announcement.] c) the company shall pay the consideration only by way of cash; d) the company shall not withdraw the offer to buy-back after the draft letter of offer is filed with the Board or public announcement of the offer to buy-bac....
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....ect to such freezing of shares or other specified securities.] f) the company shall not raise further capital for a period of one year from the expiry of buyback period, except in discharge of its subsisting obligations. (ii) No public announcement of buy-back shall be made during the pendency of any scheme of amalgamation or compromise or arrangement pursuant to the provisions of the Companies Act. (iii) The company shall nominate a compliance officer and investors service centre for compliance with the buy-back regulations and to redress the grievances of the investors. (iv) The particulars of the security certificates extinguished and destroyed shall be furnished by the company to the stock exchanges where the shares or....
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