TMI BlogIssue of No Objection Certificate for release of 1% of issue amountX X X X Extracts X X X X X X X X Extracts X X X X ..... s Dear Sir/Madam, Sub: Issue of No Objection Certificate for release of 1% of issue amount 1. As per the extant Listing Agreement with the Stock Exchanges, an issuer company deposits 1% of the issue amount of the securities offered to the public and/or to the holders of the existing securities of the company, as the case may be, with the designated stock exchange. SEBI, vide circular no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions, 2009, SEBI (Issue and Listing of Debt Securities) Regulations, 2008, SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 and SEBI (Public Offer and Listing of Securitised Debt Instruments) Regulations, 2008 . (b) In para 5(b) of the Circular the words Listing Agreement‟ shall stand deleted. 3. This Circular is issued in exercise of powers c ..... X X X X Extracts X X X X X X X X Extracts X X X X
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