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of <h1>Regulator revises Schedule XIII Part A paragraph 10: anchor investor allocation rules, minimum ?5 crore, phased investor counts</h1> The regulator amends the Issue of Capital and Disclosure Requirements Regulations, effective 30 days after Gazette publication, revising anchor investor allocation rules in Schedule XIII, Part A, paragraph 10. For allocations up to ?250 crore, 2-15 anchor investors are permitted with a minimum allotment of ?5 crore each. For allocations above ?250 crore, at least 5 and up to 15 investors apply for the first ?250 crore, plus an additional up to 15 investors for each further ?250 crore or part thereof, each with a ?5 crore minimum. Forty percent of the anchor portion is reserved (33.33% for domestic mutual funds; 6.67% for life insurers and pension funds), with any under-subscription in the latter transferable to domestic mutual funds; 'life insurance company' and 'pension fund' are defined by respective regulators' registration.
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