SEBI vide its circular SEBI/CFD/DIL/LA/1/2010/05/03 dated March 5, 2010 has directed stock exchanges to provide all details related to shares allotted to institutional investors through QIP route on their websites. As per the circular stock exchanges should make available on their website the details of those allottes in QIP who have been allotted more than 5% of the securities offered in the QIP, viz names of the allottees and number of securities allotted to each of them, pre and post issue shareholding pattern of the issuer in the format specified in clause 35 of the Equity Listing Agreement. This circular comes into force with immediate effect.
A copy of the circular is available here.
Friday, March 5, 2010
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