Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Issuers to Appoint SEBI-Registered Merchant Bankers and Qualified Compliance Officers for Indian Depository Receipts Rights Issue.</h1> The issuer must appoint one or more SEBI-registered merchant bankers as lead managers for a rights issue of Indian Depository Receipts. Additionally, the issuer must appoint a qualified company secretary as the compliance officer to ensure adherence to obligations under the relevant chapter. The compliance officer must operate within India's territorial limits. These provisions are part of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, with amendments effective from March 3, 2025, clarifying the role and location of the compliance officer.
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