Sebi vide a circular dated 5 december 2024 has directed the stock exchanges to set up an online repository platform for the merchant bankers to facilitate easier access to. Stock exchanges have been advised to inform merchant bankers on the indicative list of documents to be uploaded which has been prepared in consultation with association of. Securities and exchange board of india (sebi) issued a circular on december 5, 2024, addressing the maintenance of due diligence documents by merchant bankers during.
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To enable efficient maintenance of records, merchant bankers are advised to upload such records and documents on the document repository platform set up by the stock exchanges. This certificate can also be uploaded on the repository portal of the stock exchanges as required pursuant to the sebi circular dated december 5, 2024 and the. December 5, 2024 the securities and exchange board of india (sebi) has rolled out a significant initiative to simplify how merchant bankers handle their due diligence records.
The mbs shall then upload the documents on this repository.
Repository of documents relied upon by merchant bankers during due diligence process in public issues dec 05, 2024 | circular no.: To enable efficient maintenance of records, merchant bankers are advised to upload such records and documents on the document repository platform set up by the stock. The exchanges are now required to maintain a repository for the mbs to upload their documents electronically.
