Stock Exchanges & applicants, if the issuer, the Stock Exchanges & any applicants, if any Any issuer may make placement with investors, both foreign and local, and the amount so placed, Placement including the names and addresses n/a of such investors, shall be disclosed in details in the financial structure section of the prospectus 3: Subscription The subscription list will be The subscription list will be opened opened and the sale of the and the sale of securities will start Opening of securities will start after 25 days of after 10 days of publication of the Subscription List publication of the prospectus and prospectus and it will remain open it will remain open for the period for not more than 15 days as specified by the SEC No sale of the securities or no Within 25 days of publication of Prospectus money will be taken from any the prospectus, no sale of Delivery person regarding such sale until 10 securities or no money taken from Requirements days after the prospectus has been any person regarding such sale published If ay events 1 occurs, the offering will be suspended until and if any events 1 occurs, the offering amendments signed by all the Limitation on the will be terminated an amendments directors, CEOs of both the issuers use of prospectus of the prospectus has been filed and the issue managers has been with and declared effective by SEC filed with declare effective by the SEC All the information about the underwriter of the issue has to be given in the prospectus including underwriters name; address; Plan of distribution n/a amount of securities pledge to be taken by each underwriter; term of underwriting agreement; amount of commission to be paid etc. In case the said application is In case the said application is incomplete, the SEC will inform the incomplete, the SEC will inform the Approval applicant in writing of the applicant in writing of the Rejection & incompleteness generally within 15 incompleteness generally within Review working days of receiving of such 28 working days of such application application
Stock Exchanges & applicants, if any the issuer, the Stock Exchanges & applicants, if any Placement Any issuer may make placement with investors, both foreign and local, and the amount so placed, including the names and addresses of such investors, shall be disclosed in details in the financial structure section of the prospectus n/a 3: Subscription Opening of Subscription List The subscription list will be opened and the sale of securities will start after 10 days of publication of the prospectus and it will remain open for not more than 15 days The subscription list will be opened and the sale of the securities will start after 25 days of publication of the prospectus and it will remain open for the period as specified by the SEC Prospectus Delivery Requirements No sale of the securities or no money will be taken from any person regarding such sale until 10 days after the prospectus has been published Within 25 days of publication of the prospectus, no sale of securities or no money taken from any person regarding such sale Limitation on the use of prospectus if any events 1 occurs, the offering will be terminated an amendments of the prospectus has been filed with and declared effective by SEC If ay events 1 occurs, the offering will be suspended until and amendments signed by all the directors, CEOs of both the issuers and the issue managers has been filed with declare effective by the SEC Plan of distribution All the information about the underwriter of the issue has to be given in the prospectus including underwriters name; address; amount of securities pledge to be taken by each underwriter; term of underwriting agreement; amount of commission to be paid etc. n/a Approval Rejection & Review In case the said application is incomplete, the SEC will inform the applicant in writing of the incompleteness generally within 15 working days of receiving of such application In case the said application is incomplete, the SEC will inform the applicant in writing of the incompleteness generally within 28 working days of such application