Post-issue advertisement requirements require timely public disclosure of subscription, allotment and listing details after completion of procedures. Post-issue advertisement requirements mandate that the issuer publish consolidated disclosure of subscription and allotment particulars within ten days of ... Summary
Post-issue advertisement requirements require timely public disclosure of subscription, allotment and listing details after completion of procedures.
Post-issue advertisement requirements mandate that the issuer publish consolidated disclosure of subscription and allotment particulars within ten days of completion of related activities, including subscription details, basis of allotment, numbers, values and percentages of all applications including ASBA and successful allottees, dates for despatch of refunds or instructions to syndicate banks, despatch or credit of securities, and date of filing the listing application. The same details must also be placed on the websites of the stock exchanges where the securities are listed.
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