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          <h1>SEBI 2018 Regulations: Underwriting Devolvement Statement Must Include Key Details, Effective March 2025 Amendments</h1> The format for an underwriting devolvement statement as per the Securities and Exchange Board of India (SEBI) regulations. It requires details such as the name of the lead manager or designated stock exchange, the issuer's name, and the issue size. The statement must include a list of underwriters, the amount underwritten, any amount devolved, the date of any devolvement notice, and reasons for non-acceptance of devolvement. This format is specified under various regulations within the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, with amendments effective from March 3, 2025.

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