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SEBI proposes to make mandatory appointment of monitoring agency for IPOs above Rs. 100 crore

April 27, 2017
To strengthen in monitoring of issue proceeds raised in IPOs/FPOs/Right Issues in a company, SEBI has proposed to make mandatory for appointment of monitory agency where the issue size is more than Rs. 100 crore. At present issue size is Rs. 500 crore.
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