Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Chapter VIII RIGHTS ISSUE OF INDIAN DEPOSITORY RECEIPTS
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Rights issue of Indian Depository Receipts: issuers must dispatch abridged offers three days before opening and accept plain-paper applications. For rights offerings of Indian Depository Receipts, the abridged letter of offer and application form must be dispatched to eligible IDR holders by Speed Post with Registration, speed post, courier or electronic mode at least three days before issue opening and posted on the issuer's website with access restrictions; hard copies must be available on request. Eligible holders not receiving an application form may apply on plain paper with payment; plain-paper applicants cannot renounce or later use an application form for renunciation, and submitting both plain-paper and form applications may result in rejection.
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.
Rights issue of Indian Depository Receipts: issuers must dispatch abridged offers three days before opening and accept plain-paper applications.
For rights offerings of Indian Depository Receipts, the abridged letter of offer and application form must be dispatched to eligible IDR holders by Speed Post with Registration, speed post, courier or electronic mode at least three days before issue opening and posted on the issuer's website with access restrictions; hard copies must be available on request. Eligible holders not receiving an application form may apply on plain paper with payment; plain-paper applicants cannot renounce or later use an application form for renunciation, and submitting both plain-paper and form applications may result in rejection.
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