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| NOTICES |
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| Notice No. |
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20220425-15 |
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Notice Date |
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25 Apr 2022 |
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| Category |
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Circulars Listed Companies |
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Segment |
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Equity |
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| Subject |
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Streamlining the Process of Public Issues and redressal of Investor grievances |
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| Attachments |
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Redressal of investor grievances.pdf ; |
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| Content |
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Dear Sir\Madam
The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022, regarding Streamlining the Process of Public Issues and redressal of Investor grievances.
The performance of SCSBs on timely unblocking of application amounts has been reviewed and based on the feedback received from market intermediaries, a new reporting format for Annexure IV of the March’21 Circular has been devised to capture the data of all ASBA applications unblocked by SCSBs and their corresponding date of actual unblock. SCSBs shall submit the Annexure IV of the March’21 Circular in the format prescribed in Annexure IV of this circular.
The compensation prescribed in the March’21 Circular shall be applicable to all ASBA applications processed by the SCSBs.
This circular shall come into force with immediate effect. The provisions of this circular shall become part of the offer documents, DRHP and RHP.
The aforesaid circular is attached for reference.
Listed Companies are requested to take note and comply accordingly.
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Ashok kumar Singh
AGM-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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April 25, 2022 |
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