POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Issue-related advertisements: require pre-issue and price-band disclosures and ban claims of oversubscription during subscription period. Issuers must, after filing the red herring prospectus or prospectus with the Registrar of Companies, publish a pre-issue and price band advertisement in ... Summary
Issue-related advertisements: require pre-issue and price-band disclosures and ban claims of oversubscription during subscription period.
Issuers must, after filing the red herring prospectus or prospectus with the Registrar of Companies, publish a pre-issue and price band advertisement in the same newspapers as the public announcement; the advertisement must follow the format and disclosures in Part A of Schedule X. Issuers may publish opening and closing advertisements per Parts B and C. During the subscription period, no advertisement may give the impression the issue is fully subscribed or indicate investors' response.
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