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Securities And Exchange Board Of India - Section

Section 14 in Securities And Exchange Board Of India (Buy Back Of Securities) Regulations, 1998

14. Buy-back from open market.-

(1)A company intending to buy-back its [shares or other specified securities] [Substituted by S.O. 745(E), dated 18.6.2004] from the open market shall do so in accordance with the provisions of this Chapter.
(2)The buy-back of [shares or other specified securities] [Substituted by S.O. 745(E), dated 18.6.2004] from the open market may be in any one of the following methods:
(a)through stock exchange.
(b)Book Building process.