Application Supported by Blocked Amount (ASBA)

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..... an alternative mode of payment in the public/rights issue processes. In its continuing endeavour to make the facility more efficient, SEBI reviewed the facility on a continuous basis and following reforms were introduced: Sr. No Circular Reform 1. May 16, 2011 Discount at the time of applic .....

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..... ASBA facility, it is felt that there is substantial scope for increasing the reach of ASBA facility to make the application process more convenient for investors. 4. Towards this end, consultations were held with Reserve Bank of India, Indian Banks Association and other market participants, to explore the possibility of providing ASBA facility at all branches of Self Certified Syndicate Banks .....

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..... onferred under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992. 8. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Issues and Listing . Yours faithfully, Harini Balaji Deputy General Manager +91-22-26449372 [email protected] Annexure I Please follow the follow .....

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