IPO- NOTICE
----------
Adjustment of differential pricing amount at 
-------------------------------------------
the time of application for allotment of 
----------------------------------------
specified securities.
---------------------
This refers to the provisions of Regulation 29 of 
SEBI (Issue of Capital and Disclosure Requirements)
Regulations, 2009 which provide for offer of 
specified securities at different prices to certain
investors.
1. It has been observed that presently, the effect 
   of such differential pricing, if any, in a public
   issue, is being given to the eligible investors 
   only at the stage of allotment of specified and
   not at the time of filing an application for such
   allotment. This takes away certain benefits from
   the investors such as lower cash outflow at a price 
   net of discount, the ability to apply for more 
   shares with the same cash outlay, etc.
2. In order to address the aforesaid issue, it has been
   decided to allow investors eligible for differential
   pricing in public issues to make payment at a price
   net of discount, if any, at the time of bidding itself.