Filing requirement for draft offer documents now mandates regional filing for smaller issues and central filing for larger issues. SEBI requires draft offer documents to be filed with the SEBI regional office corresponding to the issuer's registered office for issues up to the specified threshold, while issues above that threshold must be filed at SEBI Bhavan (Head Office). Merchant bankers must file five copies of the draft offer documents or offer documents with the designated office. The instruction is issued under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992.
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Provisions expressly mentioned in the judgment/order text.
Filing requirement for draft offer documents now mandates regional filing for smaller issues and central filing for larger issues.
SEBI requires draft offer documents to be filed with the SEBI regional office corresponding to the issuer's registered office for issues up to the specified threshold, while issues above that threshold must be filed at SEBI Bhavan (Head Office). Merchant bankers must file five copies of the draft offer documents or offer documents with the designated office. The instruction is issued under Section 11 read with Section 11A of the Securities and Exchange Board of India Act, 1992.
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