Select Page

Pricing of Shares on Conversion

Pricing of Shares on Conversion Where PCDs/FCDs/other convertible instruments are issued on a preferential basis, providing for the issuer to allot shares at a future date, the issuer should price at which the shares could be allotted in the same manner as specified...

Pricing of Shares Arising Out of Warrants

Pricing of Shares Arising Out of Warrants Where warrants are issued on a preferential basis an option to apply for and be allotted shares, the company should determine the price resultant shares in accordance with the provisions stipulated above. The relevant date for...

Pricing of the Issue

Pricing of the Issue The issue of shares on a preferential basis can he made at a price not less the higher of the following: (i) The average of this weekly high and low of the dosing prices related shares quoted on the stock exchange (i.e any of the recognized stock...

Preferential Issue

Preferential Issue The preferential Issue of equity shares/fully convertible debentures (PCDs)/partly convertible debentures (PCDs) or any other financial instrument that would he converted into or exchanged equity shares at a later date by listed companies to any...

Mode of Operation

Mode of Operation The company should, after filing the offer document with the ROCs and before opening of the issue, issue an advertisement each in an English and Hindi daily with nationwide circulation and also in a regional daily with circulation at the place where...

Responsibility of Lead Manager

Responsibility of Lead Manager The lead manager would be responsible for coordination of all the activities among various intermediaries connected on the issue system. The names of the appointed brokers along with other intermediaries (i.e. lead manager registrar to...