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of <h1>Issuer Obligations Under SEBI ICDR Reg 77 for Dispatch and Availability of Letter of Offer to Shareholders</h1> Regulation 77 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 requires the issuer to ensure that the letter of offer and all related issue materials, including application forms, are made available with stock exchanges, registrars, depository participants, stock brokers, underwriters, bankers to the issue, investors' associations and self-certified syndicate banks before the issue opens. The letter of offer with application form must be dispatched to all existing shareholders, through Speed Post with Registration, speed post, courier, or electronic transmission, at least three days prior to opening. The issuer must also provide the letter of offer to any existing shareholder upon request.
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