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        SEBI

        Regulation 194 - ASBA

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Part VI
        ISSUANCE CONDITIONS AND PROCEDURE

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        ASBA requirement: issuers must accept bids only through the specified ASBA facility, per board directions. Regulation 194 mandates that an issuer must accept subscription bids exclusively through the ASBA facility and that such acceptance must be conducted in the manner specified by the Board under the securities issuance regulations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                ASBA requirement: issuers must accept bids only through the specified ASBA facility, per board directions.

                                Regulation 194 mandates that an issuer must accept subscription bids exclusively through the ASBA facility and that such acceptance must be conducted in the manner specified by the Board under the securities issuance regulations.


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