Post-issue disclosure obligations require lead managers to publish subscription, allotment and dispatch details in specified newspapers and stock exchange websites. Lead managers must publish a post-issue advertisement within ten days after completion of post-issue activities stating subscription, basis of allotment, ... Summary
Post-issue disclosure obligations require lead managers to publish subscription, allotment and dispatch details in specified newspapers and stock exchange websites.
Lead managers must publish a post-issue advertisement within ten days after completion of post-issue activities stating subscription, basis of allotment, number, value and percentage of all applications including ASBA, details of successful allottees including ASBA, date of dispatch of refund orders or registrar instructions to syndicate banks, date of credit of specified securities and date of filing of the listing application; identical information must be posted on stock exchange websites.
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