Securities And Exchange Board Of India - Subsection
Section 2(1)(ii) in The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018
(ii)"nominated investor" means a qualified institutional buyer or private equity fund, who enters into an agreement with the lead manager(s) to subscribe to an issue, made in accordance with Chapter IX, in case of under-subscription or to receive or deliver the specified securities in the market-making process in such an issue;