TMI BlogPricing guidelinesX X X X Extracts X X X X X X X X Extracts X X X X ..... Exchange Board of India. (2) Unless otherwise prescribed in these rules, the price of equity instruments of an Indian company, - (a) issued by such company to a person resident outside India shall not be less than : (i) the price worked out in accordance with the Securities and Exchange Board of India guidelines in case of a listed Indian company or in case of a company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... instruments, in accordance with these rules. ] (b) transferred from a person resident in India to a person resident outside India shall not be less than,- (i) the price worked out in accordance with the Securities and Exchange Board of India guidelines in case of a listed Indian company; (ii) the price at which a preferential allotment of shares can be made under the S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oard of India guidelines in case of a listed Indian company; (ii) the price at which a preferential allotment of shares can be made under the Securities and Exchange Board of India Guidelines, as applicable, in case of a listed Indian company or in case of a company going through a delisting process as per the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the time of exit. (iv) in case of swap of equity instruments, subject to the condition that irrespective of the amount, valuation involved in the swap arrangement shall have to be made by a Merchant Banker registered with the Securities and Exchange Board of India or an investment banker outside India registered with the appropriate regulatory authority in the host country. (v) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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