State the requirements under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with respect to: (v) Final post issue report.

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2016
State the requirements under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 with respect to: (v) Final post issue report.

Answer & Explanation:

Final post issue reports (Regulation 65) In public issue, the lead merchant banker shall submit final post-issue report as specified in Part C of Schedule XVI, within seven days of the date of finalization of basis of allotment or within seven days of refund of money in case of failure of issue. In rights issue, the lead merchant banker shall submit final post issue report in specified format within fifteen days of the date of finalisation of basis of allotment or within fifteen days of refund of money in case of failure of issue.

Topics: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009

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