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of <h1>Issuers and intermediaries must follow Regulation 69 for public issues, ensuring timely dispatch and reporting within 24 hours.</h1> Regulation 69 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, outlines responsibilities for issuers and intermediaries in public and rights issues. The post-issue merchant banker must ensure the timely dispatch of refund orders, allotment letters, and share certificates via registered post or certificate of posting. They must also pay interest for delays as per the offer document. If subscription figures are unclear, the issue remains open to avoid disputes. Issuers must report promoter transactions in securities to recognized stock exchanges within 24 hours during the specified period.
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