Appointment of Lead Managers
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....ssessing the capability of intermediaries to carry out their obligations.] (5) The issuer shall enter into an agreement with the ^7[****] intermediaries as required under the respective regulations applicable to the intermediary concerned: Provided that such agreements may include such other clauses as the issuer and the intermediaries may deem fit without diminishing or limiting in any way ....
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.... the issue ^9[:] ^10[****] ^2[****] ************** NOTES:- 1. Substituted vide Notifivation No. SEBI/LAD-NRO/GN/2020/31 dated 28-09-2020 before it was read as "APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICER" 2. Omitted vide Notifivation No. SEBI/LAD-NRO/GN/2020/31 dated 28-09-2020 before it was read as "(8) The issuer sha....
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.... which are registered with the Board, as lead manager(s) to the issue. (2) Where the issue is managed by more than one lead manager, the rights, obligations and responsibilities, relating inter alia to disclosures, allotment, refund and underwriting obligations, if any, of each lead manager shall be predetermined and be disclosed in the draft letter offer and the letter of offer as specified in....
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....to carry out their obligations." 7. Omitted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification) before it was read as, "lead manager(s) in the format specified in Schedule II and also enter into agreements with other" 8. Omitted vide F. No. SEBI/LAD-NRO/GN/2025/233....
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