https://www.taxtmi.com/acts?id=33451 Issuers and lead managers must ensure specified securities are allotted and application monies refunded or unblocked within the Board specified period; lead managers must effect allotment, dematerialised credit and refunds electronically; where these actions are delayed beyond the prescribed period, the issuer must pay interest to investors at the rate disclosed in the offer document and the lead manager(s) must ensure payment. en-us Fri, 21 Dec 2018 11:48:45 +0530 Fri, 09 Aug 2024 14:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33451 Issuers and lead managers must ensure specified securities are allotted and application monies refunded or unblocked within the Board specified period; lead managers must effect allotment, dematerialised credit and refunds electronically; where these actions are delayed beyond the prescribed period, the issuer must pay interest to investors at the rate disclosed in the offer document and the lead manager(s) must ensure payment. Act-Rules SEBI Fri, 21 Dec 2018 11:48:45 +0530 https://www.taxtmi.com/acts?id=33451