On 26 October 2021, IND SEBI notified on publication of the SEBI (issue of capital and disclosure requirements) (fourth amendment) regulations, 2021 in the official gazette.
- Substituted regulation 6, that the net worth of the superior rights (SR) shareholder, as determined by a registered valuer, shall not be more than rupees one thousand crore.
- While determining the individual net worth of the SR shareholder, their investment in other listed companies will be considered, but not shareholding in the issuer company.
