Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Sixth Amendment) Regulations, 2015 - SEBI/LAD-NRO/GN/2015-16/018 - SEBI
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Investor allocation limits revised: scale investor counts with offering size and minimum per investor allotment enforced. The amendment substitutes Schedule XI, Part A, para (10)(b)(iii) to establish a graduated investor-count regime for larger allocations and prescribes a minimum allotment per such investor. The provision is applicable to issuers filing offer documents with the Registrar of Companies on or after commencement and comes into force upon publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Investor allocation limits revised: scale investor counts with offering size and minimum per investor allotment enforced.
The amendment substitutes Schedule XI, Part A, para (10)(b)(iii) to establish a graduated investor-count regime for larger allocations and prescribes a minimum allotment per such investor. The provision is applicable to issuers filing offer documents with the Registrar of Companies on or after commencement and comes into force upon publication in the Official Gazette.
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