Underwriting

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..... issuer desires to have the issue underwritten, 1[it shall appoint merchant bankers or stock brokers, registered with the Board, to act as underwriters:] Provided that the issue can be under .....

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..... tted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification) before it was read as,  "(2) In case of every u .....

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