DISCLOSURES IN AND FILING OF LETTERS OF OFFER - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
DISCLOSURES IN AND FILING OF LETTERS OF OFFER - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Reference date requirement: issuers of IDRs must meet eligibility when filing draft and final offer documents. An issuer making a public issue of International Depository Receipts must satisfy the Chapter's eligibility conditions on the date of filing the draft ... Summary
Reference date requirement: issuers of IDRs must meet eligibility when filing draft and final offer documents.
An issuer making a public issue of International Depository Receipts must satisfy the Chapter's eligibility conditions on the date of filing the draft offer document with the Board and on the date of filing the offer document with the Registrar of Companies; the term "filing" replaces the earlier term "registering."
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