Mandatory collection centres: issuers must maintain specified collection points including metropolitan centres and exchange locations. Mandatory collection centres require issuers to designate collection centres at the four metropolitan capitals and at all places where recognised stock ... Summary
Referred In :
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Mandatory collection centres: issuers must maintain specified collection points including metropolitan centres and exchange locations.
Mandatory collection centres require issuers to designate collection centres at the four metropolitan capitals and at all places where recognised stock exchanges are located; designated branches of self certified syndicate banks, as published on bank and Board websites, are deemed mandatory collection centres, and issuers may appoint additional collection centres at their discretion.
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