TaxTMI 
TaxTMI 
Publishing Investor Charter and Disclosure of Investor Complaints by Merchant Bankers on their Websites for private placement of units by InvITs proposed to be listed
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....ation with Merchant Bankers for private placement of units by InvITs propose to be listed. 2. This charter is a brief document containing different services to investors at a single place for ease of reference. 3. All registered Merchant Bankers are hereby advised to disclose on their websites, the Investor Charter for private placement of units by InvITs proposed to be listed, as provided at Annexure - A to this circular. 4. Additionally, in order to bring about transparency in the Investor Grievance Redressal Mechanism, it has also been decided that all the registered Merchant Bankers shall disclose on their respective websites, the data on complaints received against them or against issues dealt by them and redressal thereof, la....
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....eriod details on SEBI / Stock Exchanges Website. 3. Electronically or physically circulate serially numbered copies of the Placement Memorandum and the Application Form to Eligible Investors, in consultation with the Investment Manager. TIMELINES Sr. Activity No. 1 Filing of draft 2 3 5 Memorandum by Trust Timeline for which activity takes place Information where available Placement 0 Websites of SEBI, Stock Exchanges Filing of Placement Memorandum Circulation of Placement Memorandum along with application form to eligible investors determined by investment manager Issue opening date as Availability of material documents At least 5 days prior to ope....
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....t the signature of the First Bidder in case of joint Bids, is included in the Application Form; 7. Application Forms must be duly completed with information including the name of the Bidder, the number of the Units applied for and the Bid Amount deposited in the Designated Account, and include details of the bank account from which payment of the Bid Amount was made as well as a confirmation of funds transfer. 8. Submit the Application Form to the Lead Manager either through electronic form or through physical delivery at the address mentioned in the Placement Memorandum only during the Bid/issue period 9. Make payment of the entire Bid Amount for the Units at the Issue Price, only through electronic transfer to t....
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....r your relevant constitutional documents or otherwise; 8. Do not Bid if you are not either an Institutional Investor or a Body Corporate; GRIEVANCE REDRESSAL MECHANISM FOR INVESTORS AND HOW TO ACCESS IT Investor Complaint • Issuer (for email ID refer to Placement Memorandum) • Scores (https:/scores.gov.in) • Stock Exchanges (www.nseindia.com; ww.bseindia.com) Merchant Banker (for email ID refer to Placement Memorandum) Registrar to Issue/Offer (Mainly for bidding/ post issue/ allotment related grievances) (for email ID refer to Placement Memorandum) TIMELINES FOR RESOLUTION OF INVESTOR GRIEVANCES IN A PUBLIC ISSUE (INVIT) Sr. Activity No No. of calendar days....
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....tion etc. 2. Letter or e-mail from the investor addressed to the issuer, registrar to the issue, stock exchanges, at their address or e-mail ID mentioned in the Placement Memorandum, detailing nature of grievance, details of application, details of bank account, date of application etc. 3. On SEBI SCORES platform. Nature of enquiries for which the Lead manager shall endeavour to resolve such enquiries/ queries promptly during the issue period. 1. Process for applying in the private placement of units and making payment for the same 2. Terms of private placement, allotment methodology, Issue Period, date of allotment, date of listing 3. Any other query of similar nature RESPONSIBILITIES OF INVESTORS 1. Read a....