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INTER-SE ALLOCATION OF RESPONSIBILITIES

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..... (1) The lead merchant bankers shall make inter-se allocation of responsibilities pertaining to the activities or sub-activities to be carried out under these regulations. (2) The lead merchant bankers shall delineate the activity-wise allocation of responsibilities and intimate the Board about the name of the lead merchant banker responsible for each set of the activities or sub-activities a .....

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..... ement or publicity material including newspaper advertisement and brochure or memorandum containing salient features of the offer document. (c) Selection of various agencies connected with issue, such as registrars to the issue, printers, advertising agencies, etc. (d) Marketing of the issue, which shall cover, inter alia, formulating marketing strategies, preparation of publicity budget, ar .....

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..... of certificates or demat credit and refunds and co-ordination with various agencies connected with the post-issue activity such as registrars to the issue, bankers to the issue, Self Certified Syndicate Banks, etc. Ordinarily, one lead merchant banker shall be responsible for the post-issue activities. (5) The designated lead merchant banker shall be responsible for ensuring compliance with the .....

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