Differential pricing

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..... eservation made under regulation 42 making an application for specified securities of value not more than 3[two lakhs] rupees,] may be offered specified securities at a price lower than the price at which net offer is made to other categories of applicants: Provided that such difference shall not be more than ten per cent. of the price at which specified securities are offered to other categories .....

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..... price.] ******** 1 Inserted by SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2009, w.e.f. 11.12.2009. 2 The words "of the issuer" 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) Regulati .....

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