OBLIGATIONS OF INTERMEDIARIES AND ISSUERS - Securities and Exchange Board of India (Issue And Listing Of Non-Convertible Redeemable Preference Shares) Regulations, 2013
OBLIGATIONS OF INTERMEDIARIES AND ISSUERS - Securities and Exchange Board of India (Issue And Listing Of Non-Convertible Redeemable Preference Shares) Regulations, 2013
Regulatory fee charged on draft offer documents and listed private placements; payment modes and remittance timetable specified. Regulatory fees are payable on draft offer documents filed by lead merchant bankers and on private placements of listed non convertible redeemable ... Summary
Regulatory fee charged on draft offer documents and listed private placements; payment modes and remittance timetable specified.
Regulatory fees are payable on draft offer documents filed by lead merchant bankers and on private placements of listed non convertible redeemable preference shares; both fees are non refundable and charged as proportions of issue size. Payment may be made by electronic transfer permitted by the Reserve Bank or by demand draft in favour of the Securities and Exchange Board of India, with designated stock exchanges required to remit fees collected for listed private placements to the Board by the tenth day of the following month, together with issuance details.
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