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    <title>Market Making</title>
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    <description>Regulation 106V requires merchant bankers to ensure compulsory market making for specified SME securities on the SME exchange for a prescribed minimum period, permitting agreements with nominated investors approved by the SME exchange and mandating disclosure of market-making arrangements in the offer document. Market-making inventory may be transferred between market maker and nominated investor, with the market maker&#039;s inventory at allotment required to meet a minimum proportion of proposed listed securities. Restrictions include buying entire small holdings below the exchange&#039;s minimum contract size, prohibition on buying from promoters or promoter-group acquires during the compulsory period, and limited eligibility of promoters&#039; holdings absent prior exchange permission.</description>
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    <pubDate>Mon, 28 Jan 2019 15:10:37 +0530</pubDate>
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      <description>Regulation 106V requires merchant bankers to ensure compulsory market making for specified SME securities on the SME exchange for a prescribed minimum period, permitting agreements with nominated investors approved by the SME exchange and mandating disclosure of market-making arrangements in the offer document. Market-making inventory may be transferred between market maker and nominated investor, with the market maker&#039;s inventory at allotment required to meet a minimum proportion of proposed listed securities. Restrictions include buying entire small holdings below the exchange&#039;s minimum contract size, prohibition on buying from promoters or promoter-group acquires during the compulsory period, and limited eligibility of promoters&#039; holdings absent prior exchange permission.</description>
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