RTI need to submit details of cancelled applications on daily basis within 60 min of bid closure: SEBI

The SEBI has decide to streamline the process of IPOs with UPI in ASBA and redressal of investor grievances wherein it has specified that RTI shall submit the details of cancelled/withdrawn/deleted applications to SCSB’s on daily basis within 60 minutes of bid closure time from the Issue opening date till Issue closing date (T) by obtaining the same from Stock Exchanges.The SEBI has decide to streamline the process of IPOs with UPI in ASBA and redressal of investor grievances wherein it has specified that RTI shall submit the details of cancelled/withdrawn/deleted applications to SCSB’s on daily basis within 60 minutes of bid closure time from the Issue opening date till Issue closing date (T) by obtaining the same from Stock Exchanges.taxmann.com Latest Statutory HappeningsRead More

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