Regulation 26 - Draft offer document and offer document to be available to the public
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part VI DISCLOSURES IN AND FILING OF OFFER DOCUMENTS
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Public consultation requirement: draft offer documents must be publicly hosted and open for comments for a minimum period. Regulation 26 requires draft offer documents and the draft abridged prospectus to be hosted on the issuer, Board, stock exchange and lead manager(s) ... Summary
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Public consultation requirement: draft offer documents must be publicly hosted and open for comments for a minimum period.
Regulation 26 requires draft offer documents and the draft abridged prospectus to be hosted on the issuer, Board, stock exchange and lead manager(s) websites and opened for public comments for a prescribed minimum period; the issuer must publish a newspaper notice inviting comments, lead manager(s) must file received comments and consequential changes with the Board after the consultation period, and hosted documents must match the versions filed with the Registrar, Board and stock exchanges, with copies available to the public for a reasonable charge.
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