RIGHTS OF UNIT HOLDERS, GENERAL OBLIGATIONS, DISCLOSURES AND REPORTINGSecurities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
RIGHTS OF UNIT HOLDERS, GENERAL OBLIGATIONS, DISCLOSURES AND REPORTINGSecurities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
Post-issue merchant banker obligations require monitoring investor grievance redressal and ensuring timely post-issue disclosures and completion of allotment and refunds. Post-issue merchant bankers must execute and remain responsible for all post-issue functions disclosed in the offer document, including refunds, allotment ... Summary
Post-issue merchant banker obligations require monitoring investor grievance redressal and ensuring timely post-issue disclosures and completion of allotment and refunds.
Post-issue merchant bankers must execute and remain responsible for all post-issue functions disclosed in the offer document, including refunds, allotment and delayed-payment interest; monitor investor grievance redressal for allotment and refunds as specified by the Board; ensure publication within ten days after post-issue completion of detailed advertisements on oversubscription, basis of allotment, application and allottee statistics, refund and certificate dispatch dates and filing of the listing application; prevent publication about oversubscription or investor response while the issue is open; and remain responsible until demat credits or refunds are completed and listing permission is obtained.
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