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Regulation 55A - Reservation for employees alongwith rights issue. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009Extract 1 [Reservation for employees alongwith rights issue. 55A. Subject to other applicable provision of these regulations the issuer may make reservation for 2 [***] employees alongwith rights issue subject to the condition that value of allotment to any employee shall not exceed 3 [two lakhs] rupees.] ******* 1 Inserted by SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2009, w.e.f. 11.12.2009. 2 The word its omitted by SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2010, w.e.f. 13.04.2010. 3 Substituted for one lakh by the SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2010, w.e.f. 12.11.2010.
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