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<h1>SEBI Introduces Chapter XI A for Online Securities Issuance in Public Issues; Guidelines for Brokers and Companies Detailed.</h1> The Securities and Exchange Board of India (SEBI) issued guidelines for offering securities in public issues through the stock exchange's online system. These guidelines, added as Chapter XI A to the existing SEBI (Disclosure and Investor Protection) Guidelines, 2000, apply to fixed-price issues and the fixed-price portion of book-built issues. Companies now have the option to issue securities online or through traditional banking channels. Key requirements include agreements with stock exchanges, broker appointments, registrar appointments, listing procedures, and lead manager responsibilities. Brokers must collect application money, manage client orders, and maintain records, while SEBI reserves inspection rights.