NISM-Series IX: Merchant Banking Certification Exam Notes

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  • Companies Act, 2013: Specifies disclosures in offer documents.
  • Stock Exchange Role: Approves basis of allotment and listing.
  • Registrar’s Role: Processes applications, prepares allotment basis.
  • Debenture Issuance: Requires creation of debenture redemption reserve.
  • Over-Subscription Handling: Issuer may retain up to 100% of base issue size.

NISM Merchant Banking

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