Section 165: Pricing of infrequently traded shares

Q: What does Section 165 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) deal with?

Section 165 ICDR Regulations pertains to "Pricing of infrequently traded shares". It is part of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs pricing of infrequently traded shares. As verified on 19 May 2026.

Q: Is Section 165 ICDR Regulations still in force?

Yes, Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 165 ICDR Regulations?

धारा 165 ICDR Regulations is the Devanagari Hindi reference for Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs pricing of infrequently traded shares. As verified on 19 May 2026.

Q: What is Dhara 165 ICDR Regulations?

Dhara 165 ICDR Regulations is the Roman Hindi reference for Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 165 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs pricing of infrequently traded shares. As verified on 19 May 2026.

Q: How to cite Section 165 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 165, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, § 165 (India).

Law on Tips Editorial Board

- Where the shares of an issuer are not frequently traded, the price determined by the issuer shall take into account the valuation parameters including book value, comparable trading multiples, and such other parameters as are customary for valuation of shares of such companies:

Provided that the issuer shall submit a certificate stating that the issuer is in compliance of this regulation, obtained from an independent valuer to the stock exchange where the equity shares of the issuer are listed.