Regulation 124 - Draft offer document and offer document to be available to the public
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part VI DISCLOSURES IN AND FILING OF OFFER DOCUMENTS
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Draft offer document availability: public consultation, website hosting and comment filings to ensure disclosure transparency and access. Draft offer documents and draft abridged prospectuses must be hosted on the issuer's, the Board's, stock exchanges' and lead manager(s)' websites and made available for public comment following the public announcement; the issuer must invite public comments via specified newspaper notices. After the consultation period, lead manager(s) shall file with the Board details of comments received and any consequential changes. Issuers and lead managers must ensure hosted documents match the versions filed with regulatory and corporate registries, and lead manager(s) and stock exchanges must supply copies to the public on request for a reasonable charge.
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.
Draft offer document availability: public consultation, website hosting and comment filings to ensure disclosure transparency and access.
Draft offer documents and draft abridged prospectuses must be hosted on the issuer's, the Board's, stock exchanges' and lead manager(s)' websites and made available for public comment following the public announcement; the issuer must invite public comments via specified newspaper notices. After the consultation period, lead manager(s) shall file with the Board details of comments received and any consequential changes. Issuers and lead managers must ensure hosted documents match the versions filed with regulatory and corporate registries, and lead manager(s) and stock exchanges must supply copies to the public on request for a reasonable charge.
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