- Frequently and Infrequently traded shares. - The price determined for a preferential issue in accordance with regulation 164 or regulation 165, shall be subject to appropriate adjustments, if the issuer:

1. makes an issue of equity shares by way of capitalization of profits or reserves, other than by way of a dividend on shares;
2. makes an issue of equity shares after completion of a demerger wherein the securities of the resultant demerged entity are listed on a stock exchange;
3. makes a rights issue of equity shares;
4. consolidates its outstanding equity shares into a smaller number of shares;
5. divides its outstanding equity shares including by way of stock split;
6. re-classifies any of its equity shares into other securities of the issuer;
7. is involved in such other similar events or circumstances, which in the opinion of the concerned stock exchange, require adjustments.