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          <h1>Regulation 77B sets rules for investor applications in rights issues; submissions by 11 A.M., no withdrawals allowed.</h1> Regulation 77B under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, outlines the conditions for allotment to specific investors in a rights issue. Specific investors are those eligible and disclosed by the issuer under certain sub-regulations. Applications from these investors must be submitted on the first day of the issue before 11 A.M., with the issuer required to inform stock exchanges by 11:30 A.M. on the same day. Withdrawal of applications is not allowed once submitted, and applications must include payment before the allotment basis is finalized.

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