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Allotment of specified securities

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Full Text of the Document

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.... (2) Allotment of specified securities shall be made subject to the following conditions: a) minimum of ten per cent. of eligible securities shall be allotted to mutual funds: Provided that any unsubscribed portion of the said minimum percentage or any part thereof may be allotted to other qualified institutional buyers; b) no allotment shall be made, either directly or ....

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