Schedule - 06 - Disclosures in the offer document, abridged prospectus and letter of offer [See regulations 17, 24(2)(b), 34(1), 57(1)(f), 70(2), 122(2)(ii), 123(2)(d), 131(1), 153(1)(f), 186(3)(d), 218(2), 220(1)], 239, 246(2)(b), 282(1)(f), 287(2), 291]

SEBI Regulations: Clear, Consistent Disclosure Required for Offer Documents; Prohibits Unsubstantiated Claims and Ensures Compliance

The disclosure requirements for offer documents, abridged prospectuses, and letters of offer as per SEBI regulations. It mandates that all relevant and updated information be included, with claims substantiated by credible sources. The document specifies the use of simple language, consistent disclosure styles, and prohibits unsubstantiated forward-looking statements. It details the necessary content for cover pages, risk factors, financial information, and management discussions. Specific requirements are set for different types of issues, such as public, rights, and fast-track issues, including disclosures about financial statements, risk factors, and corporate governance. The document also covers the responsibilities of issuers and lead managers in ensuring compliance with these regulations.