Issue of shares or convertible securities to a select group of persons at a price determined under SEBI ICDR Regulations. Requires special resolution. Price must be higher of 26-week or 2-week average of weekly high-low of stock.
Last updated: 17 May 2026
Issue of shares or convertible securities to a select group of persons at a price determined under SEBI ICDR Regulations. Requires special resolution. Price must be higher of 26-week or 2-week average of weekly high-low of stock.
Preferential Allotment is significant under SEBI because it refers to: Issue of shares or convertible securities to a select group of persons at a price determined under SEBI ICDR Regulations. Requires special resolution. Price must be higher of 26-week or 2-week average of weekly high-low of stock.
Preferential Allotment under SEBI applies to companies, professionals, and individuals involved in SEBI-related compliance and regulatory matters in India. Specifically: Issue of shares or convertible securities to a select group of persons at a price determined under SEBI ICDR Regulations. Requires special resolution....