Regulation 65 - Post- issue reports - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009

Post- issue reports. 65. 1 [(1) In public issue, the lead merchant banker shall submit final post-issue report as specified in Part C of Schedule XVI, within seven days of the date of finalization of basis of allotment or within seven days of refund of money in case of failure of issue. (2) In rights issue, the lead merchant banker shall submit post-issue reports as follows:- (a) initial post issue report as specified in Part B of Schedule XVI, within three days of closure of the issue; (b) final post issue report as specified in Part D of Schedule XVI, within fifteen days of the date of finalization of basis of allotment or within fifteen days of refund of money in case of failure of issue.] The lead merchant banker shall submit a due diligence certificate as per the format specified in Form G of Schedule VI, along with the final post issue report. ****** 1 Substituted by the SEBI (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2015, w.e.f. 01.01.2016. Prior to their substitution, sub-regulations (1) and (2) read as under : (1) The lead merchant banker shall submit post-issue reports to the Board in accordance with sub-regulation (2). (2) The post-issue reports shall be submitted as follows: (a) initial post issue report as specified in Parts A and B of Schedule XVI, within three days of closure of the issue; (b) final post issue report as specified in Parts C and D of Schedule XVI, within fifteen days of the date of finalisation of basis of allotment or within fifteen days of refund of money in case of failure of issue.