The Securities and Exchange Board of India (Sebi) on Tuesday introduced a 15 per cent reservation for small shareholders in buyback offers. The securities market regulator has defined ‘small shareholders’ as those whose value of shares in a particular scrip is less than than Rs 2 lakh
http://www.business-standard.com/india/news/sebi-reserves-15-for-small-investors-in-share-buybacks-/464009/
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