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[Cites 0, Cited by 0] [Section 77] [Entire Act]

Securities And Exchange Board Of India - Subsection

Section 77(2) in Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009

(2)An amount equivalent to at least twenty five per cent. of the consideration determined in terms of regulation 76 shall be paid against each warrant on the date of allotment of warrants.