Issue of No Objection Certificate for release of 1% of Issue amount

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....tered Merchant Bankers Dear Sir/ Madam, Sub: Issue of No Objection Certificate for release of 1% of Issue amount 1. Please refer to Circular No. CIR/OIAE/1/2009 dated November 25, 2009, where in SEBI had laid down guidelines for obtaining NOC for release of 1% of issue amount. As per point 2 of the said circular, the issuer company is required to submit an application on its letter head a....

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....ation is not accompanied by a confirmation by merchant banker that all the accounts in ASBA have been 'unblocked'. 4. Stock Exchanges are accordingly advised to bring the provisions of this Circular to the notice of all Listed Companies respectively and also to disseminate the same on their websites. 5. This Circular is issued in exercise of powers conferred under Section 11(1) of the Securi....