TMI BlogOther conditions for pricingX X X X Extracts X X X X X X X X Extracts X X X X ..... llottee or to allottees acting in concert, shall require a valuation report from an independent registered valuer and consider the same for determining the price: Provided that the floor price, in such cases, shall be higher of the floor price determined under sub-regulation (1), (2) or (4) of regulation 164 , as the case may be, or the price determined under the valuation report from the independ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from a committee of independent directors of the issuer after considering all the aspects relating to the preferential issue including pricing, and the voting pattern of the said committee s meeting shall be disclosed in the notice calling the general meeting of shareholders. Explanation.-The meeting of the independent directors referred in sub-regulation (2) shall be attended by all the independe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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