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    <title>Streamlining the Process of Public Issues and redressal of Investor grievances</title>
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    <description>SCSBs must compensate investors for delayed unblocking of ASBA application amounts as per the March&#039;21 Circular; compensation applies to all ASBA applications. SCSBs must submit Annexure IV in a revised format capturing unblock dates and certify completion of unblocking on BOA+1. To claim processing fees, SCSBs must apply to merchant bankers within thirty days of basis of allotment only after completing unblocking and paying applicable compensation, and must provide detailed data files and remain liable for investor grievances and regulatory enforcement.</description>
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