SEBI further relaxes procedural matters related to Issues and Listing

Based on the representations received from the market participants, the SEBI has decided to extend the validity of relaxations for Rights Issues till 31-03-2022 with respect to Refund for un-allotted partial allotted application. In addition to foregoing, the issuer along with Lead Manager(s), Registrar, and other recognized intermediaries shall also ensure that issuer company shall conduct a Vulnerability Test for optional mechanism.Based on the representations received from the market participants, the SEBI has decided to extend the validity of relaxations for Rights Issues till 31-03-2022 with respect to Refund for un-allotted partial allotted application. In addition to foregoing, the issuer along with Lead Manager(s), Registrar, and other recognized intermediaries shall also ensure that issuer company shall conduct a Vulnerability Test for optional mechanism.taxmann.com Latest Statutory HappeningsRead More

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