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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