Banker to the Issue definition

Banker to the Issue means ICICI Bank, collectively acting as the Escrow Collection Bank, Allotment Bank and the Refund Bank;

Banker to the Issue means any bank so named in the prospectus to collect money as subscription against security;

Banker to the Issue means collectively, the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank, and the Sponsor Banks.

Examples of Banker to the Issue in a sentence

• The cheque/bank draft can be drawn on any bank, including a co-operative bank which is situated at and is member or sub-member of the bankers’ clearing-house located at the place where the Application Form is submitted, i.e. at designated collection centres of the Banker to the Issue.

• The Banker to the Issue undertakes that its branch(es) or any Affiliate, to who it discloses information pursuant to this Agreement, shall at all times abide by the confidentiality obligations imposed by this Clause 11.

• The Registrar will coordinate with all the concerned Parties to provide necessary information to the Banker to the Issue, the Lead Manager and the SCSBs.

• The specimen signatures of the Company, the Lead Manager and the Registrar for the purpose of instructions to the Banker to the Issue, as provided here in as Schedule I will be provided to the Banker to the Issue before the Issue Opening Date.

• The Banker to the Issue shall act promptly on the receipt of such instructions or information, within the time periods specified in this Agreement provided that the instructions are not ambiguous or incomplete and there is clarity to the Banker to the Issue in undertaking the same.

• However, the terminating/resigning Banker to the Issue shall continue to be liable for any and all of its actions and omissions prior to such termination/resignation.

• The Company, will dispatch share certificates to successful applicants through their Banker to the Issue or by crediting the respective Central Depository System (“CDS”) accounts of the successful applicants within thirty (30) days of the close of public subscription, as per Listing Regulations of the Stock Exchanges.

• Sponsor Bank means a Banker to the Issue registered with SEBI which is appointed by the Issuer to act as a conduit between the Stock Exchanges and NPCI in order to push the mandate collect requests and/ or payment instructions of the retail investors into the UPI.

• In the event of any conflicting instructions received from the Lead Manager and/or the Registrar, the Banker to the Issue will act on the instructions received from the Lead Manager.

• Set forth is the shareholding of our Promoters and Promoters’ Group before and after the proposed issue: Sr. No. Name of Shareholder* Includes the promoters contribution in the Issue which will be satisfied one day prior to the date of opening of the issue and the amount shall be kept in the escrow account opened with the Banker to the Issue and shall be released to the company along with the release of the issue proceeds.

More Definitions of Banker to the Issue

Banker to the Issue means Axis Bank Limited , acting as the Escrow Collection Bank, the Refund Bank and the Allotment Bank;

Banker to the Issue means Axis Bank, collectively acting as the Allotment Bank and the Refund Bank

Banker to the Issue means ICICI Bank Limited, acting as the Allotment Account Bank and Refund Bank;

Banker to the Issue means the banker to the issue registered with SEBI, which have been appointed by the Company namely Axis Bank to act as the Escrow Collection Bank, the Refund Bank, the Sponsor Bank, and as the Public Issue Account Bank.

Banker to the Issue shall have the meaning ascribed to such term in the Preamble;

Banker to the Issue means collectively, Allotment Account Bank and the Refund Bank, being Axis Bank Limited, acting through its branch located at No 25/1130, City Centre, Round West, Thrissur, 680 001, Kerala, India;