Underwriting devolvement: disclosure requirement to report non-acceptance and reasons under SEBI investor protection guidelines Schedule provision. Template requires merchant banker and issuer identification, issue size, and an issue-wise statement where underwriters record amount underwritten, amount ... Summary
Underwriting devolvement: disclosure requirement to report non-acceptance and reasons under SEBI investor protection guidelines Schedule provision.
Template requires merchant banker and issuer identification, issue size, and an issue-wise statement where underwriters record amount underwritten, amount devolved, date of any notice of devolvement and reasons for non-acceptance, serving as a standardized report of underwriting devolvement under SEBI guidelines.
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