Application Supported by Blocked Amount (ASBA) facility

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..... upported by Blocked Amount (ASBA) facility 1. SEBI, vide Circular No. CIR/CFD/DIL/8/2010 dated October 12, 2010, enabled the syndicate / sub-syndicate members to procure ASBA forms (hereinafter referred as Syndicate ASBA ) from the investors, upload the relevant details in the bidding platform and forward the forms to the Self Certified Syndicate Banks (SCSBs) for signature verification, bloc .....

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..... the application forms in more than 1000 locations which are part of the nationwide broker network of the Stock Exchanges, by March 1, 2013. 4. In partial modification of the Circular No. CIR/CFD/DIL/1/2011 dated April 29, 2011 and in order to facilitate syndicate / sub-syndicate members/ non-syndicate members to accept ASBA forms from investors in the locations : a. All the SCSBs having a bran .....

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..... Companies/ Stock Exchanges, as the case may be, on or after March 1, 2013. 8. This circular is issued in exercise of the powers conferred under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992. 9. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Circulars . Yours faithfully, Harini .....

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