Restrictions

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....chased or sold the eligible securities during the twelve weeks period prior to the date of the programme and they shall not purchase or sell the eligible securities during the twelve weeks period after the date of the programme: Provided that such promoter or promoter group may , within the period provided in sub-regulation (1), offer eligible securities held by them through institutional place....

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....buyer who is a promoter or any person related to promoters of the issuer: Provided that a qualified institutional buyer who does not hold any shares in the issuer and who has acquired the rights in the capacity of a lender shall not be deemed to be a person related to promoters. (3) The issuer shall accept bids using ASBA facility only. (4) The bids made by the applicants in institu....