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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Merchant Bankers Required to Pay SEBI Fees Based on Offer Size; New Payment Methods Introduced.</h1> Merchant bankers must pay fees to the Securities and Exchange Board of India (SEBI) when submitting offer documents or public announcements. The fee structure is based on the offer size: 5,00,000 for offers up to 10 crore, 0.5% for offers between 10 crore and 1,000 crore, and 5,00,00,000 plus 0.125% for offers exceeding 1,000 crore. Payments can be made via direct credit to SEBI's bank account or by draft in favor of SEBI in Mumbai. These regulations have been amended over time to adjust the fee structure and payment methods.
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