TMI BlogIssue of No Objection Certificate for release of 1% of Issue amountX X X X Extracts X X X X X X X X Extracts X X X X ..... ue 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 the said circular, the issuer company is required to submit an application on its letter head addressed to SEBI in the format specified in Annexure - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er that all the accounts in ASBA have been 'unblocked'. 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 inter ..... X X X X Extracts X X X X X X X X Extracts X X X X
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