STOCKINVEST disclosure requirement: statutory allotment advertisements must state applications received, successful allottees and shares allotted. Lead managers must ensure statutory advertisements on the basis of allotment disclose STOCKINVEST information: the number and percentage of applications received through STOCKINVEST, the aggregate shares applied for via STOCKINVEST, the number of successful allottees from STOCKINVEST, and the number and percentage of shares allotted to STOCKINVEST applicants, in compliance with Companies Law disclosure obligations.
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.
STOCKINVEST disclosure requirement: statutory allotment advertisements must state applications received, successful allottees and shares allotted.
Lead managers must ensure statutory advertisements on the basis of allotment disclose STOCKINVEST information: the number and percentage of applications received through STOCKINVEST, the aggregate shares applied for via STOCKINVEST, the number of successful allottees from STOCKINVEST, and the number and percentage of shares allotted to STOCKINVEST applicants, in compliance with Companies Law disclosure obligations.
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