Securities And Exchange Board Of India - Subsection
Section 10(1)(iii) in Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
(iii)a merchant banker registered with the Board or a nominated investor in the process of market making or subscription to the un-subscribed portion of issue in terms of Chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;