GENERAL OBLIGATIONS OF ISSUER AND INTERMEDIARIES WITH RESPECT TO PUBLIC ISSUE AND RIGHTS ISSUE - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
GENERAL OBLIGATIONS OF ISSUER AND INTERMEDIARIES WITH RESPECT TO PUBLIC ISSUE AND RIGHTS ISSUE - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Part V MINIMUM OFFER TO PUBLIC, RESERVATIONS, ETC.
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Minimum public offer requirement governed by securities contracts rule clause, defining thresholds for initial and further public offers. The regulation requires a minimum net offer to the public and makes that requirement subject to clause (b) of sub rule (2) of rule 19 of the Securities ... Summary
Minimum public offer requirement governed by securities contracts rule clause, defining thresholds for initial and further public offers.
The regulation requires a minimum net offer to the public and makes that requirement subject to clause (b) of sub rule (2) of rule 19 of the Securities Contracts (Regulations) Rules, 1957; previously the provision specified minimum percentage thresholds for initial and further public offers, now delegated to the cited Securities Contracts Rule for exact thresholds and reservation mechanics.
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