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        SEBI

        Regulation 60 - Reference date

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Part I
        ELIGIBILITY REQUIREMENTS

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        Rights issue compliance: issuers must satisfy Chapter conditions when filing offer documents with regulators and exchanges. Regulation 60 requires that an issuer offering specified securities through a rights issue satisfy the eligibility and procedural conditions of Chapter III when filing the draft letter of offer with the stock exchange(s) and when filing the letter of offer with the Board and the stock exchange(s); the rule is subject to contrary provisions within the Chapter and supersedes prior threshold-based wording.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Rights issue compliance: issuers must satisfy Chapter conditions when filing offer documents with regulators and exchanges.

                              Regulation 60 requires that an issuer offering specified securities through a rights issue satisfy the eligibility and procedural conditions of Chapter III when filing the draft letter of offer with the stock exchange(s) and when filing the letter of offer with the Board and the stock exchange(s); the rule is subject to contrary provisions within the Chapter and supersedes prior threshold-based wording.


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