This covers valuations which are specifically required under the Companies Act, 2013 such as:

• Section 62 – Issue of shares on a rights basis, preferential allotment or ESOPs, where valuation is needed to determine a fair issue price.
• Section 247 – Mandates that certain valuations (for example, in cases of further issue of shares, mergers, or other transactions) must be carried out by a Registered Valuer.
 These valuations focus on determining a justifiable and legally compliant fair value for shares or securities.