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TMI BlogListing pursuant to public issueX X X X Extracts X X X X X X X X Extracts X X X X ..... ocuments with the Board in accordance with these regulations along with fees as specified in Schedule IV of these regulations. (2) The minimum application size shall be ten lakh rupees. (3) The number of allottees shall be more than two hundred. (4) The allocation in the net offer to public category shall be as follows: (a) seventy-five per cent to institutional investors: Provided ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... offer document shall disclose the broad objects of the issue. (10) The basis of issue price may include disclosures, except projections, as deemed fit by the issuers in order to enable investors to take informed decisions and the disclosures shall suitably caution the investors about basis of valuation. ] ********** 1. Inserted vide SEBI (Listing of Specified Securities on Institut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpany whose securities are listed on institutional trading platform shall be subject to the following : a) the company shall obtain in-principle approval from the recognised stock exchange prior to private placement; b) the approval of shareholders through a special resolution under sub-section (1A) of Section 81 of Companies Act, 1956 shall be obtained; c) the company shall complete allo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate placement shall be made at a price not less than higher of the following: (i) the book value of the equity shares as per its last audited financial statement not older than six months; (ii) value of shares as determined in an independent auditor s or registered merchant banker's report. (5) A company listed on institutional trading platform making a rights issue shall comply with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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