TMI BlogOther Conditions for public issueX X X X Extracts X X X X X X X X Extracts X X X X ..... HARES PART A PROVISIONS APPLICABLE TO PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES Other Conditions for public issue 25. (1) The issuer shall appoint one or more merchant bankers registered with the Board, as lead manager(s) to the issue. (2) Where the issue is managed by more than one lead manager, the rights, obligations and responsibilities, relat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ad manager to the issue shall not be an associate. (4) The issuers shall not make a public issue of debt securities and non-convertible redeemable preference shares for providing loan to or acquisition of shares of any entity who is part of the promoter group or group companies: Provided that where the issuer is a Non-Banking Finance Company, Housing Finance Company or a Public Financial Instituti ..... X X X X Extracts X X X X X X X X Extracts X X X X
|