PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONS - Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONS - Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
Minimum subscription requirement ensures issuers disclose target and mandates immediate refund if unmet to applicants. Minimum subscription is the issuer's self-determined fundraising threshold for a public debt securities offering and must be disclosed in the offer ... Summary
Minimum subscription requirement ensures issuers disclose target and mandates immediate refund if unmet to applicants.
Minimum subscription is the issuer's self-determined fundraising threshold for a public debt securities offering and must be disclosed in the offer document. If the announced minimum subscription is not achieved, all application monies received in the public issue must be refunded forthwith to the applicants.
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