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TMI BlogFORMAT OF THE DUE DILIGENCE CERTIFICATE TO BE FILED BY THE LEAD MANAGER(S) FOR IDR ISSUESX X X X Extracts X X X X X X X X Extracts X X X X ..... rred to as the 'DRHP')/ Red Herring Prospectus (hereinafter referred to as the 'RHP')/ Prospectus is being filed with the Securities and Exchange Board of India (hereinafter referred to as the "Board") in compliance with Chapter VIA of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 or any statutory modification or re-enactment thereof (hereinafter referred to as the "DIP Guidelines") read with the Companies (Issue of Indian Depository Receipts) Rules, 2004 (hereinafter referred to as "the IDR Rules"), on a public basis, for approval. 2. We have examined the disclosures made by the Issuing Company in jurisdictions where its underlying equity shares are listed so as to ensure uniformity and p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HP/RHP/Prospectus, except [ ], are registered with the Board and that till date such registration is valid. 6. We have satisfied ourselves about the worth of the underwriters to fulfil their underwriting commitments. 7. We certify that the proposed activities of the Issuing Company for which the funds are being raised in the present issue fall within the 'main objects' listed in the object clause of the Memorandum of Association or other charter of the Issuing Company and that the activities which have been carried out until now are valid in terms of the object clause of its Memorandum of Association. 8. We confirm that necessary arrangements have been made to ensure that the moneys received pursuant to the issue are kept in a separate b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he commencement of listing and trading of the IDRs offered through this issue, shall be informed through public notices/ advertisements in all those newspapers in which pre-issue advertisement and advertisement for opening or closure of the issue have been given. 14. We confirm that the abridged prospectus contain all the disclosures as specified in the DIP Guidelines. 15. We confirm that agreements have been entered into with both the depositories for dematerialisation of the IDRs of the Issuing Company PLACE: DATE: LEAD MERCHANT BANKER(S) TO THE ISSUE WITH HIS/ THEIR SEAL (S) ANNEXURE TO THE DUE DILIGENCE CERTIFICATE FOR THE ISSUE OF _______________________ BY ______________________________ 1. Memorandum and Articles of Associati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted accounts for the period including that of subsidiaries of the Issuing Company. 14. Stock Exchange quotations of the last 3 years duly certified by designated stock exchange. 15. Minutes of the general body meetings and board meetings of the Issuing Company for matters which are in the prospectus 16. Revaluation certificate of Issuing Company's assets given by the Government Valuer or any other approved valuer. 17. Certificate from solicitors of the Issuing Company in regard to compliance of legal provisions of the prospectus. 18. Certificate from Issuing Company's legal counsel, operating at the place of its registered office, confirming that the legal counsel has done the mandatory vetting of the prospectus. 19. A detaile ..... X X X X Extracts X X X X X X X X Extracts X X X X
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