<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Appointment of lead managers</title>
    <link>https://www.taxtmi.com/acts?id=33587</link>
    <description>Issuers must appoint one or more Board-registered merchant bankers as lead managers, contract in the prescribed form, and consult lead managers when appointing other intermediaries. For multiple lead managers, rights and obligations-including disclosures, allotment, refund and underwriting-must be predetermined and disclosed. At least one lead manager must not be an associate; any associate lead manager must disclose its status and is limited to marketing. Issuers must appoint a Board-registered registrar with depository connectivity, enter into agreements with an overseas custodian and a domestic depository, arrange collection centres, and appoint a compliance officer qualified to be a company secretary to monitor securities law compliance and redress investor grievances.</description>
    <language>en-us</language>
    <pubDate>Fri, 21 Dec 2018 14:13:54 +0530</pubDate>
    <lastBuildDate>Wed, 12 Mar 2025 12:55:58 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=548290" rel="self" type="application/rss+xml"/>
    <item>
      <title>Appointment of lead managers</title>
      <link>https://www.taxtmi.com/acts?id=33587</link>
      <description>Issuers must appoint one or more Board-registered merchant bankers as lead managers, contract in the prescribed form, and consult lead managers when appointing other intermediaries. For multiple lead managers, rights and obligations-including disclosures, allotment, refund and underwriting-must be predetermined and disclosed. At least one lead manager must not be an associate; any associate lead manager must disclose its status and is limited to marketing. Issuers must appoint a Board-registered registrar with depository connectivity, enter into agreements with an overseas custodian and a domestic depository, arrange collection centres, and appoint a compliance officer qualified to be a company secretary to monitor securities law compliance and redress investor grievances.</description>
      <category>Act-Rules</category>
      <law>SEBI</law>
      <pubDate>Fri, 21 Dec 2018 14:13:54 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=33587</guid>
    </item>
  </channel>
</rss>