valid as on 23/11/2020

Regulation 91A - Applicability
Effective from 30.01.2012

(1) The provisions of this Chapter shall apply to issuance of fresh shares and or offer for sale of shares in a listed issuer for the purpose of achieving minimum public shareholding in terms of Rule 19(2)(b) and 19A of the Securities Contracts (Regulation) Rules, 1957.

(2) Unless otherwise specified, no provisions of these regulations shall be applicable to the
institutional placement programme except for the following:-

(a) regulations 2, 5, 12, 18, 19, 47, 48, 51, 59, 60, 61, 64, 65, 66 and 68;

(b) clauses (a) and (b) of sub-regulation (2) of regulation 4;

(c) clause (b) of regulation 7.

Inserted vide SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2012, w.e.f. 30.01.2012. To view the notification,Click Here

SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2012, w.e.f. 30.01.2012


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