Securities And Exchange Board Of India - Subsection
Section 10(3)(II) in Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
(II)"average market capitalisation of public shareholding" means the sum of daily market capitalisation of public shareholding for a period of one year up to the end of the quarter preceding the month in which the proposed issue was approved by the shareholders or the board of the issuer, as the case may be, divided by the number of trading days.