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What is expected to be ensured by the issuer?

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What is expected to be ensured by the issuer?

Issuer shall, in consultation with Lead managers, ensure the following:

  • Registrar to issue appointed by the issuer has capability to comply with the procedures laid down by SEBI for ASBA and shall treat ASBA and Non‐ASBA application at par.
  • Sufficient number of physical ASBA application forms are printed and made available to all SCSBs.
  • ASBA and Non‐ASBA shall be treated at par and the selling commission shall be paid accordingly to Syndicate Members or SCSBs, as the case may be, for collecting ASBA.