NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • SEBI ICDR Regulations: Specify eligibility, disclosures, and processes for public and rights issues.
  • Listing Agreement: Companies must provide continuous disclosures post-listing.
  • Public Issue Pricing: Fixed price or book-building determines share prices.
  • Book Building Process: Demand is assessed to set the price and quantity of securities.
  • Price Band: A range within which investors bid in book-building issues.

NISM 12 Securities Markets Foundation

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