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Share valuation by merchant inter-se transfer among promoter

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 March 2013 Dear All,

is there is any requirement of share valuation in inter se transfer by merchant banker in a listed company if its between the promoters.

Regards
Nidhi Agarwal
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Ajay Mishra

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Ajay Mishra (Expert)
11 March 2013 Hi

Valuation should be made as per ICDRA regulation, 2009 and pricing certificate will be given by PCS or PCA.
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