NISM Series 12 Securities Markets Foundation Certification Exam Notes

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  • Green Shoe Option: Allows excess share allotment for price stabilization post-listing.
  • Regulatory Compliance: Issuers must comply with SEBI and Companies Act requirements.
  • Disclosure Requirements: Detailed financial and operational disclosures ensure transparency.
  • Investor Protection: SEBI mandates fair treatment and timely information for investors.
  • Issue Expenses: Include underwriting, legal, and marketing costs borne by issuers.

NISM 12 Securities Markets Foundation

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