https://www.taxtmi.com/acts?id=33703 Lead managers must prepare and disclose an activity-wise allocation of responsibilities in the offer document, identifying responsible lead managers or, where joint responsibility exists, a designated lead manager who will furnish required information to the Board. Grouped activities include capital structuring, drafting of offer and publicity materials, selection of intermediaries, marketing and post-issue actions. The designated lead manager must ensure regulatory compliance, that intermediaries fulfil contractual obligations, and that the lead manager handling underwriting invokes underwriting obligations and issues the required devolvement notice in case of under-subscription. en-us Fri, 21 Dec 2018 14:57:49 +0530 Wed, 12 Mar 2025 15:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33703 Lead managers must prepare and disclose an activity-wise allocation of responsibilities in the offer document, identifying responsible lead managers or, where joint responsibility exists, a designated lead manager who will furnish required information to the Board. Grouped activities include capital structuring, drafting of offer and publicity materials, selection of intermediaries, marketing and post-issue actions. The designated lead manager must ensure regulatory compliance, that intermediaries fulfil contractual obligations, and that the lead manager handling underwriting invokes underwriting obligations and issues the required devolvement notice in case of under-subscription. Act-Rules SEBI Fri, 21 Dec 2018 14:57:49 +0530 https://www.taxtmi.com/acts?id=33703