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        SEBI

        Regulation 91J - Period of Subscription and display of demand

        Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
        Chapter VIII-A
        INSTITUTIONAL PLACEMENT PROGRAMME

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        Subscription period set between one and two days; aggregate demand schedule must be displayed without disclosing price. The issue must remain open for a minimum of one day and a maximum of two days, and stock exchanges shall display the aggregate demand schedule without disclosing the price, governing timing and public presentation of demand for institutional placement programmes.
                          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.

                                Subscription period set between one and two days; aggregate demand schedule must be displayed without disclosing price.

                                The issue must remain open for a minimum of one day and a maximum of two days, and stock exchanges shall display the aggregate demand schedule without disclosing the price, governing timing and public presentation of demand for institutional placement programmes.


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