https://www.taxtmi.com/acts?id=40064 Retention of oversubscription permits an issuer to accept applications beyond the base issue size up to the full base issue size or a lower prospectus-specified limit, subject to corporate authorization, an appropriate credit rating and any other Board-specified conditions. Issuers filing a shelf prospectus may retain oversubscription up to the rated size in that shelf prospectus, while issuers of tax-free bonds without a shelf prospectus are limited to the amount authorised by the tax authority for the year or a lower offer-document limit, subject to the same authorization, rating and regulatory conditions. en-us Tue, 10 Aug 2021 16:57:33 +0530 Tue, 06 Aug 2024 12:36:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40064 Retention of oversubscription permits an issuer to accept applications beyond the base issue size up to the full base issue size or a lower prospectus-specified limit, subject to corporate authorization, an appropriate credit rating and any other Board-specified conditions. Issuers filing a shelf prospectus may retain oversubscription up to the rated size in that shelf prospectus, while issuers of tax-free bonds without a shelf prospectus are limited to the amount authorised by the tax authority for the year or a lower offer-document limit, subject to the same authorization, rating and regulatory conditions. Act-Rules SEBI Tue, 10 Aug 2021 16:57:33 +0530 https://www.taxtmi.com/acts?id=40064