Merchant banker compliance: Schedule IV's omission displaces historical offer-document fee and half-yearly reporting requirements within the regulatory framework.

Schedule IV under the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992 stands omitted. Earlier versions required merchant bankers to pay issue-size-based fees when submitting draft offer documents for public and rights issues, allowing estimated payments with subsequent adjustment or refund. A later historical version required half-yearly reports covering organisational changes, issue-management and underwriting activities, investor grievances, financial information, major shareholdings, regulatory action and economic-offence involvement. These requirements are no longer contained in Schedule IV.

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