Minimum promoters’ contribution
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....ize or to the extent of twenty per cent. of the post-issue capital; b) in case of a composite issue (i.e. further public offer cum rights issue), either to the extent of twenty per cent. of the proposed issue size or to the extent of twenty per cent. of the post-issue capital excluding the rights issue component. (2) In case of a public issue or composite issue of convertible securitie....
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....ters' contribution is by way of equity shares (conversion price being pre-determined), such contribution shall not be at a price lower than the weighted average price of the equity share capital arising out of conversion of such securities. (3) In case of a further public offer or composite issue where the promoters contribute more than the stipulated minimum promoters' contribution, the allotm....
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....ne hundred crore rupees before the date of opening of the issue and the remaining amount may be brought on a pro-rata basis before the calls are made to the public. ^1[(5) The SR equity shares of promoters, if any, shall be eligible towards computation of minimum promoters' contribution.] Explanation: (I) For the purpose of this regulation, promoters' contribution shall be computed on the....
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