Restriction on further capital issues bars new securities during the offer window unless total issue details are disclosed in filings. An issuer shall not make any further issue of specified securities between filing the draft offer document and listing or refund of application monies, except under an employee stock option scheme or a stock appreciation right scheme, unless the draft offer document or offer document fully discloses the total number of specified securities or the amount proposed to be raised from such further issue.
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.
Restriction on further capital issues bars new securities during the offer window unless total issue details are disclosed in filings.
An issuer shall not make any further issue of specified securities between filing the draft offer document and listing or refund of application monies, except under an employee stock option scheme or a stock appreciation right scheme, unless the draft offer document or offer document fully discloses the total number of specified securities or the amount proposed to be raised from such further issue.
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