Streamlining the Process of Rights Issue

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..... ssue and Share Transfer Agents Registered Depository Participants Registered Bankers to an Issue Dear Sir / Madam, Sub: Streamlining the Process of Rights Issue 1. SEBI vide Circular No. SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020 , had stipulated procedures streamlining the Rights Issue process ( the circular ). 2. In respect of the aforesaid circular, para 1.4.1 an .....

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..... orm have T+2 rolling settlement). It was further represented that there should be a minimum gap of three working days considering two days for settlement and one additional day for investor to make application in Rights Issue. 4. Therefore, in view of above it has been decided that para 1.4.1 and at Annexure I para C (e) of the Circular paragraphs are amended as under: The words at least fo .....

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