https://www.taxtmi.com/notifications?id=142828 Amendments require merchant bankers to employ at least two professionally qualified persons, strengthen lead manager duties by mandating that responsibilities for disclosures, allotment and refund be clearly defined and disclosed in draft and final offer documents, prohibit merchant bankers who are promoters or associates from leading or being associated with an issuer's regulated activities subject to narrow exceptions, require underwriting subscriptions prior to finalisation of basis of allotment, and impose timelines for Board intimation of registration changes and transaction reporting of acquisitions. en-us Fri, 29 Nov 2024 00:00:00 +0530 Sat, 30 Nov 2024 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142828 Amendments require merchant bankers to employ at least two professionally qualified persons, strengthen lead manager duties by mandating that responsibilities for disclosures, allotment and refund be clearly defined and disclosed in draft and final offer documents, prohibit merchant bankers who are promoters or associates from leading or being associated with an issuer's regulated activities subject to narrow exceptions, require underwriting subscriptions prior to finalisation of basis of allotment, and impose timelines for Board intimation of registration changes and transaction reporting of acquisitions. Notifications SEBI Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142828