- Tuesday, December 1, 2009, 1:25
- SEBI
- 22 views
As per the Listing Agreement with the Stock Exchanges, the issuer company deposits 1% of the issue amount of the securities offered to the public and/or to the holders of the existing securities of the company, as the case may be, with the designated stock exchange. This amount was being released to issuer companies after obtaining a No Objection Certificate (NOC) from SEBI in accordance with the SEBI (Disclosure and Investor Protection) Guidelines, 2000. Since these Gui..
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- Saturday, August 22, 2009, 0:51
- SEBI
- 11 views
Capital market regulator Sebi has amended the `rights issue’ norms that would now allow an issuer company to utilise the issue proceeds only after the basis of `allotment of rights share’ is finalised.
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