Collecting Depository Participants definition
Examples of Collecting Depository Participants in a sentence
The Company and the Promoter Selling Shareholder hereby agree that the aggregate amount of commission payable to the Registered Brokers, Collecting Depository Participants and Collecting RTA in relation to the Offer as calculated by the Registrar shall be deposited by the Company and the Promoter Selling Shareholder to the Stock Exchanges prior to the receipt of the final listing and trading approvals.
The selling commission payable to the Syndicate Members, SCSBs (for Bid cum Application Forms directly procured by them from Retail Individual Bidders and Non- Institutional investors), RTAs, Collecting Depository Participants and Registered Brokers (on per application basis) (collectively, the “Selling Commission”), is set forth in Annexure A hereto.