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This notification has come into effect form 26.10.2021. In regulation 6, In sub-regulation (3), clause (ii) and the Explanation shall be substituted with the following, namely,- “(ii) The net worth of the SR shareholder, as determined by a Registered Valuer, shall not be more than rupees one thousand crore. Explanation: While determining the individual net worth of the SR shareholder, his investment/ shareholding in other listed companies shall be considered but not that of his shareholding in the issuer company.” In sub-regulation (3), clause (v) shall be substituted with the following, namely,- “(v) The SR equity shares have been issued prior to the filing of draft red herring prospectus and held for a period of at least three months prior to the filing of the red herring prospectus;” ETC.,