Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Issuers Must File Draft Offer Documents with SEBI Under Regulation 123 Before Public Offering; Compliance Certificates Required</h1> Regulation 123 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 mandates that issuers must file three copies of the draft offer document with SEBI before making a public offer. The lead manager must also provide various certificates, including due diligence and compliance certificates. The draft must be filed with relevant stock exchanges, and the issuer must submit promoter details. SEBI can request changes within 30 days, and the issuer must then update the document. The final offer document must be filed with SEBI, stock exchanges, and the Registrar of Companies, with all SEBI observations incorporated.