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of <h1>SEBI Amends Underwriters Regulations 1993: New Definitions, Registration Requirements, Fee Structures, and Compliance Rules Introduced.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Underwriters Regulations of 1993, effective from their publication date in the Official Gazette. Key changes include the introduction of new definitions and clauses related to the status and control changes of underwriters, the requirement for underwriters to obtain a certificate of registration, and the conditions for registration and renewal. The amendments also adjust fee structures and clarify the responsibilities between underwriters and clients. The certificate of registration is valid for three years, with specific conditions for maintaining capital adequacy and compliance with SEBI regulations.
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