Post-issue advertisement obligations require lead managers to publish subscription and allotment details and upload them to exchanges. Lead manager(s) must ensure publication of a post-issue advertisement specifying subscription and allotment statistics including ASBA, dates of dispatch of refund orders or banking instructions, date of credit of IDRs and date of filing of the listing application, in at least one English and one Hindi national daily within the prescribed period; the same details must be placed on the websites of the stock exchanges where the securities are listed.
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Provisions expressly mentioned in the judgment/order text.
Post-issue advertisement obligations require lead managers to publish subscription and allotment details and upload them to exchanges.
Lead manager(s) must ensure publication of a post-issue advertisement specifying subscription and allotment statistics including ASBA, dates of dispatch of refund orders or banking instructions, date of credit of IDRs and date of filing of the listing application, in at least one English and one Hindi national daily within the prescribed period; the same details must be placed on the websites of the stock exchanges where the securities are listed.
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