https://www.taxtmi.com/circulars?id=68191 Rights issues must be completed within 23 working days from Board approval; issues must remain open between seven and thirty days. Annexure I sets a detailed timeline from Board approval through RE credit, dispatch of letter of offer, bid validation by Stock Exchanges, Depositories and Registrars, issue closure, reconciliation, allotment, fund transfers, listing and commencement of trading. Stock Exchanges and Depositories must develop an automated investor application validation system within six months. ASBA procedures and the roles of SCSBs, Stock Exchanges and RTAs for public issues apply mutatis mutandis to rights issues. Consequential amendments to the Master Circular and filing procedures are prescribed. en-us Tue, 11 Mar 2025 00:00:00 +0530 Thu, 26 Feb 2026 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68191 Rights issues must be completed within 23 working days from Board approval; issues must remain open between seven and thirty days. Annexure I sets a detailed timeline from Board approval through RE credit, dispatch of letter of offer, bid validation by Stock Exchanges, Depositories and Registrars, issue closure, reconciliation, allotment, fund transfers, listing and commencement of trading. Stock Exchanges and Depositories must develop an automated investor application validation system within six months. ASBA procedures and the roles of SCSBs, Stock Exchanges and RTAs for public issues apply mutatis mutandis to rights issues. Consequential amendments to the Master Circular and filing procedures are prescribed. Circulars SEBI Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68191