GENERAL OBLIGATIONS OF ISSUER AND INTERMEDIARIES WITH RESPECT TO PUBLIC ISSUE AND RIGHTS ISSUE - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
GENERAL OBLIGATIONS OF ISSUER AND INTERMEDIARIES WITH RESPECT TO PUBLIC ISSUE AND RIGHTS ISSUE - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Regulation 9 - Draft offer document to be made public.
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Chapter II COMMON CONDITIONS FOR PUBLIC ISSUES AND RIGHTS ISSUES
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Public consultation for draft offer documents: make filing public, invite comments and require lead merchant bankers to report responses. The draft offer document must be hosted for public consultation on the Board, relevant stock exchange and merchant banker websites for a prescribed ... Summary
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Public consultation for draft offer documents: make filing public, invite comments and require lead merchant bankers to report responses.
The draft offer document must be hosted for public consultation on the Board, relevant stock exchange and merchant banker websites for a prescribed period, allowing public comments. After that period the lead merchant bankers must file with the Board a statement summarising comments received and any consequential changes, and the issuer must publicly announce the filing and invite comments in specified newspapers.
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