https://www.taxtmi.com/circulars?id=57733 Regulatory revisions expand the electronic private placement regime to allow closed bidding, multiple yield allotment, and multiple investor bids, with allotment governed by yield time priority (yield first, then time, then pro rata). Settlement may occur via issuer escrow bank accounts or clearing corporation, with escrow pay ins restricted to bank accounts registered in the EBP system, RTA reconciliation obligations, and escrow release of funds only after RTA triggered corporate action instructions to depositories. Depositories may act as Electronic Book Providers and EBPs must update systems and disclosures accordingly. en-us Thu, 16 Aug 2018 00:00:00 +0530 Tue, 27 Nov 2018 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57733 Regulatory revisions expand the electronic private placement regime to allow closed bidding, multiple yield allotment, and multiple investor bids, with allotment governed by yield time priority (yield first, then time, then pro rata). Settlement may occur via issuer escrow bank accounts or clearing corporation, with escrow pay ins restricted to bank accounts registered in the EBP system, RTA reconciliation obligations, and escrow release of funds only after RTA triggered corporate action instructions to depositories. Depositories may act as Electronic Book Providers and EBPs must update systems and disclosures accordingly. Circulars SEBI Thu, 16 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57733