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SEBI - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

Processing of ASBA applications in Public Issue of Equity Shares ...


Stock exchanges must use electronic platforms for ASBA in equity and convertible public issues to confirm blocked application funds.

June 2, 2022

Circulars     SEBI

Processing of ASBA applications in Public Issue of Equity Shares and Convertibles - Stock Exchanges shall accept the ASBA applications in their electronic book building platform only with a mandatory confirmation on the application monies blocked. - Circular

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