Bid disclosure requirements mandate categorical bid breakdown and graphical display to protect investors and ensure transparent reporting. Schedule 30 requires categorical disclosure of shares offered and bid for across QIBs, Non Institutional Investors and Retail Individual Investors, ... Summary
Bid disclosure requirements mandate categorical bid breakdown and graphical display to protect investors and ensure transparent reporting.
Schedule 30 requires categorical disclosure of shares offered and bid for across QIBs, Non Institutional Investors and Retail Individual Investors, including subcategories and separate lines for cut off and price bids and reservation categories; it further mandates a titled graphical display of bids and explanatory statements on bid-position nature, accounting for multiple bids, time of update, and any additional comments to ensure transparent reporting.
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