DISCLOSURES IN AND FILING OF LETTERS OF OFFER - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
DISCLOSURES IN AND FILING OF LETTERS OF OFFER - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Tenure of convertible securities limited to eighteen months, and conversion requires equity allotment within fifteen days of exercise. The tenure of an issuer's convertible securities must not exceed eighteen months from allotment. If an allottee exercises the conversion option within ... Summary
Tenure of convertible securities limited to eighteen months, and conversion requires equity allotment within fifteen days of exercise.
The tenure of an issuer's convertible securities must not exceed eighteen months from allotment. If an allottee exercises the conversion option within that tenure, the issuer must complete allotment of the equity shares resulting from conversion within fifteen days of such exercise.
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