IPO grading: issuers may obtain grading from registered credit rating agencies to inform public disclosures. Issuers may obtain grading for an initial public offering from one or more credit rating agencies registered with the Board under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, permitting engagement of registered credit rating agencies to assess and grade an IPO as part of the issuance conditions and disclosure framework.
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Provisions expressly mentioned in the judgment/order text.
IPO grading: issuers may obtain grading from registered credit rating agencies to inform public disclosures.
Issuers may obtain grading for an initial public offering from one or more credit rating agencies registered with the Board under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, permitting engagement of registered credit rating agencies to assess and grade an IPO as part of the issuance conditions and disclosure framework.
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