Placement document disclosures require comprehensive financial, market, governance and use of proceeds information for qualified institutional offers. Schedule XVIII mandates that placement documents for offers to qualified institutional buyers contain a disclaimer limiting the offer, glossary, identification of advisors, an offering summary and risk factors; comprehensive financial disclosures including audited statements and notes under Indian GAAP and management's discussion; detailed market price and trading volume data for specified historical periods; and operational, governance and use of proceeds disclosures such as project cost break up, capitalization, organizational structure, board and taxation and legal proceedings, plus any other material information to inform investors.
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Provisions expressly mentioned in the judgment/order text.
Placement document disclosures require comprehensive financial, market, governance and use of proceeds information for qualified institutional offers.
Schedule XVIII mandates that placement documents for offers to qualified institutional buyers contain a disclaimer limiting the offer, glossary, identification of advisors, an offering summary and risk factors; comprehensive financial disclosures including audited statements and notes under Indian GAAP and management's discussion; detailed market price and trading volume data for specified historical periods; and operational, governance and use of proceeds disclosures such as project cost break up, capitalization, organizational structure, board and taxation and legal proceedings, plus any other material information to inform investors.
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