BTI (G I Series) Circular No. 1 (2000- 2001) dated May 11, 2001

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.... BTI (G I Series) Circular No. 1 (2000-2001) May 11, 2001 To All Bankers to an Issue registered with SEBI under 'Securities and Exchange Board of India (Bankers to an Issue) Rules and Regulation, 1994 Dear Sirs, As you are aware that in terms of sub-Regulation (2) of Regulation 14 of the SEBI (Bankers to an Issue) Regulations, 1994, the agreement between a banker to an issue a....

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....aximum period of 30 days for allotment after the closure of the issue. In the case of book built issues the allotment is required to be done within 15 days of closure of issue. The Registrar to the Issue may be able to finalize the basis of allotment of securities only on timely receipt of details of collection figures, the applications and the application monies received. Therefore, you are ad....