https://www.taxtmi.com/acts?id=33606 Regulation 205 requires issuers to dispatch letters of allotment simultaneously and, if letters of regret cannot be issued at the same time, publish a media notice the morning after dispatch. Issuers and lead managers must allot securities and refund or unblock application monies within Board specified periods, with lead managers ensuring electronic allotment, credit and refunds. If allotment or refunds are delayed beyond the stipulated period, the issuer must pay interest as disclosed in the offer document and lead managers must ensure such payment. en-us Fri, 21 Dec 2018 14:18:35 +0530 Mon, 12 Aug 2024 10:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33606 Regulation 205 requires issuers to dispatch letters of allotment simultaneously and, if letters of regret cannot be issued at the same time, publish a media notice the morning after dispatch. Issuers and lead managers must allot securities and refund or unblock application monies within Board specified periods, with lead managers ensuring electronic allotment, credit and refunds. If allotment or refunds are delayed beyond the stipulated period, the issuer must pay interest as disclosed in the offer document and lead managers must ensure such payment. Act-Rules SEBI Fri, 21 Dec 2018 14:18:35 +0530 https://www.taxtmi.com/acts?id=33606