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<h1>SEBI Amends 2009 Regulations: ASBA Facility Now Mandatory for Qualified Institutional and Non-Institutional Investors' Bids.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, effective upon publication in the Official Gazette. This amendment, dated April 29, 2011, mandates that issuers must accept bids using the Application Supported by Blocked Amount (ASBA) facility exclusively for qualified institutional buyers and non-institutional investors. This change is part of a series of amendments made to the 2009 regulations, which were initially published on August 26, 2009, and subsequently amended multiple times between December 2009 and November 2010.