With reference to the SEBI (ICDR), Regulations, 2018, answer in brief (with reasons): Cap on the price band.
CS Executive · Securities Laws and Capital Markets · PYQS · June 2024
With reference to the SEBI (ICDR), Regulations, 2018, answer in brief (with reasons): Cap on the price band.
Answer & Explanation:
As per the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the cap on the price band, shall be less than or equal to 120% of the floor price. Provided that the cap of the price band shall be at least 105% of the floor price.
Topics: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
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