The price of shares or other securities to be issued on preferentlal basis shall not be less than the price determined on the basis of valuation report of a registered valuer.
the valuation repot shall be made by an independent merchant banker who is registered with the Securities and Exchange Board of India or an independent Chartered Accountant in practice having a minimum experience of ten years
the valuation repot shall be made by an independent merchant banker who is registered with the Securities and Exchange Board of India or an independent Chartered Accountant in practice having a minimum experience of ten years
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