Stockinvest Scheme ‑ Information of STOCKINVEST in the advertisement - Companies Law - Circular : PMD/CIR/2423/93,

Circular : PMD/CIR/2423/93, dated 15 ‑ 2 ‑ 1993. Subject:- Stockinvest Scheme ‑ Information of STOCKINVEST in the advertisement All the lead managers should ensure that the statutory advertisement to be issued by the companies relating to basis of allotment, should also contain information relating to number with percentage of applications received in the STOCKINVEST, aggregate of shares applied for through STOCKINVEST, number of successful allottees therefrom and the number with percentage of shares allotted.