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GREEN SHOE OPTION

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(Querist)
14 December 2009 Sir/ Madam/Friends,

Please explain

1. Is there any provision regarding "The Green Shoe Option" in The Companies Act Or it is a SEBI Guidelines

2. In india any company opted this?
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Manish Soni

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Manish Soni (Expert)
14 December 2009 yes there is provision of Green Shoe Option in India..
a co. named Green Shoe in US introduced this concept whch is used to control price volatity.,,

In India ICICI introduced this concept,.,.

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