https://www.taxtmi.com/circulars?id=58916 Extension of ASBA to rights issues allows eligible shareholders on the record date who hold dematerialised shares, have not renounced entitlements, and apply through SCSB-linked bank accounts to select ASBA on the application form; the SCSB blocks the specified application money and transmits application data to the Registrar, who validates applications, finalises the basis of allotment, and instructs release of funds to the issuer only after confirming prescribed minimum subscription under applicable guidelines. en-us Thu, 25 Sep 2008 00:00:00 +0530 Thu, 26 Feb 2026 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58916 Extension of ASBA to rights issues allows eligible shareholders on the record date who hold dematerialised shares, have not renounced entitlements, and apply through SCSB-linked bank accounts to select ASBA on the application form; the SCSB blocks the specified application money and transmits application data to the Registrar, who validates applications, finalises the basis of allotment, and instructs release of funds to the issuer only after confirming prescribed minimum subscription under applicable guidelines. Circulars SEBI Thu, 25 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58916