https://www.taxtmi.com/circulars?id=58617 The circular requires issuers using Chapter XA of the ICDR Regulations to list their entire specified securities on the SME exchange, file offer documents with SEBI and the SME exchange through merchant bankers without SEBI observations, ensure 100% underwriting with merchant bankers underwriting a prescribed share and permitting nominated investor arrangements, and obliges merchant bankers to provide market making through registered market-maker brokers for a minimum period with specified transfer and promoter-share restrictions. Recognised exchanges seeking SME platforms must meet corporatisation, net worth, nationwide trading, surveillance, clearing, settlement and investor redressal criteria and obtain SEBI approval. en-us Tue, 18 May 2010 00:00:00 +0530 Mon, 24 Dec 2018 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58617 The circular requires issuers using Chapter XA of the ICDR Regulations to list their entire specified securities on the SME exchange, file offer documents with SEBI and the SME exchange through merchant bankers without SEBI observations, ensure 100% underwriting with merchant bankers underwriting a prescribed share and permitting nominated investor arrangements, and obliges merchant bankers to provide market making through registered market-maker brokers for a minimum period with specified transfer and promoter-share restrictions. Recognised exchanges seeking SME platforms must meet corporatisation, net worth, nationwide trading, surveillance, clearing, settlement and investor redressal criteria and obtain SEBI approval. Circulars SEBI Tue, 18 May 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58617