ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
Regulation 98 - Statement of deviation(s) or variation(s)
International Financial Services Centres Authority (Listing) Regulations, 2024 Part B ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTING
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Quarterly deviation reporting requires listed entities to disclose variations in public issue proceeds until full utilisation or achievement. Listed entities must submit quarterly statements identifying category-wise deviations between projected utilisation of public-issue proceeds stated in the ... Summary
Quarterly deviation reporting requires listed entities to disclose variations in public issue proceeds until full utilisation or achievement.
Listed entities must submit quarterly statements identifying category-wise deviations between projected utilisation of public-issue proceeds stated in the offer document and their actual use. The statements must continue until proceeds are fully utilised or the stated purpose is achieved, undergo audit committee review, and be submitted to recognised stock exchanges immediately after review within the prescribed quarterly timeline. Variations must also be explained in the directors' report in the annual report.
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