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 Chapter VIII-A INSTITUTIONAL PLACEMENT PROGRAMME
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Withdrawal right allows eligible sellers to withdraw an unfilled institutional placement offer, preserving flexibility in issuance. Regulation 91K provides that an eligible seller in an institutional placement programme has a right to withdraw the offer if the offer is not fully ... Summary
Withdrawal right allows eligible sellers to withdraw an unfilled institutional placement offer, preserving flexibility in issuance.
Regulation 91K provides that an eligible seller in an institutional placement programme has a right to withdraw the offer if the offer is not fully subscribed, allowing the seller to terminate the placement process upon a subscription shortfall instead of proceeding with partial allotment.
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