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TMI BlogBTI (G I Series) Circular No. 1 (2000- 2001) dated May 11, 2001X X X X Extracts X X X X X X X X Extracts X X X X ..... NO. :204 5633 BTI (G I Series) Circular No. 1 (2000-2001) May 11, 2001 To All Bankers to an Issue registered with SEBI under 'Securities and Exchange Board of India (Bankers to an Issue) Rules and Regulation, 1994 Dear Sirs, As you are aware that in terms of sub-Regulation (2) of Regulation 14 of the SEBI (Bankers to an Issue) Regulat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sclosure and Investor Protection) Guidelines, 2000 specify a maximum period of 30 days for allotment after the closure of the issue. In the case of book built issues the allotment is required to be done within 15 days of closure of issue. The Registrar to the Issue may be able to finalize the basis of allotment of securities only on timely receipt of details of collection figures, the applications ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 11 of the Securities Exchange Board of India Act, 1992 and in furtherance of the requirements of the Securities and Exchange Board of India (Bankers to an Issue) Rules and Regulations, 1994. Please note that non-compliance with the above-mentioned instructions will attract penal action under the Securities and Exchange Board of India, Act 1992 and SEBI (Bankers to an Issue) Rules a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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