SCHEDULE - IV - Every merchant banker shall while submitting the offer document or a copy of the public announcement to the Board..... - Securities and Exchange Board of India (Buy Back Of Securities) Regulations, 1998

SCHEDULE IV SECURITIES AND EXCHANGE BOARD OF INDIA (BUY BACK OF SECURITIES) REGULATIONS, 1996 [regulations 8(5), 15(e), 17(e)] 1 [(1) Every merchant banker shall while submitting the offer document or a copy of the public announcement to the Board, pay fees as set out below:- 2 [ Offer Size Fee (Rs.) Less than or equal to rupees ten crore ₹ 5,00,000/- More than rupees ten crore but less than or equal to rupees one thousand crore 0.5% of the offer size More than rupees one thousand crore ₹ 5,00,00,000/- plus 0.125% of the portion of offer size in excess of rupees one thousand crore (2) Fees referred to in clause (1) above, shall be paid in the following manner: (a) the fees shall be paid along with the draft of the offer document or public announcement submitted to the Board; (b) the fees shall be payable 3 [by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or] by a draft in favour of Securities and Exchange Board of India at Mumbai. ******** 1 Substituted by the SEBI (Payment of Fees) (Amendment) Regulations, 2008, w.e.f. 1-4-2008 for the following, as amended by the SEBI (Buy-back of Securities) (Amendment) Regulations, 2007 w.e.f. 28-5.2007: (1). Every merchant banker shall while submitting the offer document or a copy of the public announcement to the Board, pay fees as set out below:- Offer size Fee (Rs.) Less than or equal to one crore rupees. One lakh rupees (Rs. 1,00,000) More than one crore rupees, but less than or equal to five crore rupees. Two lakh rupees (Rs. 2,00,000) More than five crore rupees, but less than or equal to ten crore rupees. Three lakh rupees (Rs. 3,00,000) More than ten crore rupees, but less than or equal to one thousand crore rupees. 0.5% of the offer size. More than one thousand crore rupees, but less than or equal to five thousand crore rupees. Five crore rupees (Rs. 5,00,00,000) plus 0.125% of the portion of the offer size in excess of one thousand crore rupees. (Rs. 1000,00,00,000). More than five thousand crore rupees. Ten crore rupees (Rs.10,00,00,000). Prior to the above substitution, paragraph (1), as amended by the SEBI (Buy-back of Securities) (Amendment) Regulations, 2006, w.e.f. 21-8-2006, read as under: (1). Every merchant banker shall while submitting the offer document or a copy of the public announcement to the Board, pay fees as set out below:- Offer size Fee (Rs.) Less than or equal to one crore rupees 1,00,000 More than one crore rupees, but less than or equal to five crore rupees 2,00,000 More than five crore rupees, but less than or equal to ten crore rupees 3,00,000 More than ten crore rupees 0.5% of the offer size. 2 Substituted for the following table by the SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017, w.e.f. 6-3-2017: Offer size Fee (Rs.) Less than or equal to ten crore rupees One lakh rupees (Rs. 1,00,000/-). More than ten crore rupees, but less than or equal to one thousand crore rupees. 0.125% of the offer size. More than one thousand crore rupees, but less than or equal to five thousand crore rupees. One Crore twenty five lakh rupees (Rs. 1,25,00,000/- )plus 0.03125 per cent of the portion of the offer size in excess of one thousand crore rupees (Rs. 1000,00,00,000/-) More than five thousand crore rupees. A flat charge of three crore rupees (Rs. 3,00,00,000/-). 3 Inserted by the SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017, w.e.f. 6-3-2017