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Issue of No Objection Certificate for release of 1% of Issue amount - SEBI - SEBI/HO/OIAE/IGRD/CIR/P/2021/588

Extract

..... CIRCULAR SEBI/HO/OIAE/IGRD/CIR/P/2021/588 05 July, 2021 To, All companies whose securities are listed on SEBI recognized Stock Exchanges (through Stock Exchanges) All recognized Stock Exchanges All registered Merchant Bankers Dear Sir/ Madam, Sub: Issue of No Objection Certificate for release of 1% of Issue amount 1. Please refer to Circular No. CIR/OIAE/1/2009 dated November 25, 2009, where in SEBI had laid down guidelines for obtaining NOC for release of 1% of issue amount. As per point 2 of t .....

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Issue of No Objection Certificate for release of 1% of Issue amount - SEBI

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..... locked’. 4. Stock Exchanges are accordingly advised to bring the provisions of this Circular to the notice of all Listed Companies respectively and also to disseminate the same on their websites. 5. This Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 6. This Circular is available on SEBI .....

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Issue of No Objection Certificate for release of 1% of Issue amount - SEBI

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