Securities And Exchange Board of India (Issue of Capital And Disclosure Requirements) (Amendment) Regulations, 2010.
Show AI Summary
ASBA facility requirement now mandates provision in public and rights issues where a single payment option is offered.
The amendment mandates that in all public issues and rights issues where a single payment option is given, the issuer shall provide the ASBA facility in accordance with the procedure and eligibility criteria specified by the Board, omits the prior related sub-regulation, and removes the exception excluding ASBA investors from the disclosure provision in Schedule XI, Part A.