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of <h1>New Guidelines Curb Misleading Ads: Companies Urged to Avoid Exaggerated Claims on Dividends and Prospects for Transparency.</h1> The circular addresses the issue of misleading advertisements by companies regarding public issues. It highlights concerns about exaggerated claims on dividends and capital appreciation made in advertisements and press conferences. To prevent misinformation, companies are advised not to publish any promotional material between the announcement date and the subscription list closing date. Additionally, company managements should avoid making overly optimistic statements about their prospects unless supported by factual or objective estimates. This measure aims to ensure transparency and prevent the dissemination of unjustified and misleading information to the public.
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