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<h1>Regulation 201 Clarifies Timelines for Public Issue Openings and Prospectus Filing Under SEBI Guidelines and Companies Act.</h1> Regulation 201 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, mandates that a public issue must be opened within twelve months from the date of the Board's observations, in compliance with the Companies Act, 2013. Additionally, the issue must commence at least three working days after filing the prospectus with the Registrar of Companies. Recent amendments have clarified these timelines and requirements, ensuring alignment with regulatory standards and procedural accuracy.