Completion of the Issue. 3.2.3.1. In the event of the completion of the Issue:
Completion of the Issue. (a) The Company shall, after the filing of the Letter of Offer with the Stock Exchanges, intimate in writing in the prescribed format (specified in Annexure A hereto), the Issue Opening Date and the Issue Closing Date to the Banker to the Issue, Lead Manager and the Registrar, at least 1 (one) Working Day prior to such Issue Opening Date and Issue Closing Date respectively. In case, the Issue is extended by the Company, the Company shall communicate such extension and new Issue Closing Date before the original Issue Closing Date, to the Banker to the Issue.
Completion of the Issue. 3.2.3.1. In the event of the completion of the Issue: The Registrar shall, on or prior to the Designated Date in writing (i) along with the BRLM, intimate the Banker to the Issue in the form provided in SCHEDULE I hereto, the Designated Date (with a copy to the Company) and provide the written details of the Bid Amounts (including amounts, if any, paid by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement) relating to Bids that have received the confirmed allocation and in respect of which the Bid Amounts are to be transferred from the Escrow Accounts to the Public Issue Account; (ii) intimate the SCSBs and the Sponsor Bank in writing (in the form provided in Schedule II) (with a copy to the Company and the BRLM) of the Designated Date, and provide the SCSBs and the Sponsor Bank with the written details of the blocked amounts that have to be transferred from the ASBA Accounts including the accounts blocked through the UPI mechanism, as applicable, to the Public Issue Account. The Sponsor Bank, based on the UPI Mandate Request approved by the respective UPI Bidders at the time of blocking of their respective funds, will raise the debit/ collect request from the respective UPI Bidders’ bank accounts, whereupon the funds will be transferred from the respective UPI Bidders’ accounts to the Public Issue Account and the remaining funds, if any, will be unblocked to the UPI Bidder or its bank. The amounts to be transferred to the Public Issue Account by the Escrow Collection Bank represent Bids from Anchor Investors that have received confirmed allocation in respect of the Equity Shares in the Issue and amounts, if any, paid by the Underwriters or any other person pursuant to their underwriting obligations in terms of the Underwriting Agreement. The amounts to be unblocked and transferred to the Public Issue Account by the SCSBs (including the UPI Bidders’ banks on raising of debit/ collect requests by the Sponsor Banks) represent Bids from ASBA Bidders that have received confirmed allocation in respect of the Equity Shares in the Issue. The Escrow Collection Bank and the SCSBs, on receipt of such details / instructions from the Registrar and the BRLM, as applicable, shall within Banking Hours on the same Working Day transfer the amounts lying to the credit of the Escrow Accounts or blocked in the ASBA Accounts in relation to the successful Bidders to the Public Issue Account on the Designated Date...
