TMI BlogLetter of offer, abridged letter of offer, pricing and period of subscription.X X X X Extracts X X X X X X X X Extracts X X X X ..... spatched through registered post or speed post to all the existing shareholders at least three days before the date of opening of the issue: Provided that the letter of offer shall be given by the issuer or lead merchant banker to any existing shareholder who has made a request in this regard. (2) The shareholders who have not received the application form may apply in writing on a plain pap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tors- (a) part payment on application with balance money to be paid in calls; or (b) full payment on application: Provided that where the issuer has given the part payment option to investors, 2 [the part payment on application shall not be less than 25% of the issue price and] such issuer shall obtain the necessary regulatory approvals to facilitate the same.] ******** 1 In ..... X X X X Extracts X X X X X X X X Extracts X X X X
|