Fast Track Issues enable eligible listed companies to use streamlined prospectus filing for follow on and rights offerings with tailored disclosures. Amendments create a Fast Track Issue route allowing eligible listed issuers to conduct follow on public offerings and rights issues by filing the Red Herring Prospectus/Prospectus with the Registrar of Companies or the letter of offer with the Designated Stock Exchange and simultaneously furnishing a copy to the Board and stock exchanges without filing a draft offer document with SEBI. Eligibility conditions, tailored procedural relaxations, abbreviated filing and advertising timelines, enhanced due diligence certifications, and specified disclosure and reporting adjustments accompany the FTI mechanism.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fast Track Issues enable eligible listed companies to use streamlined prospectus filing for follow on and rights offerings with tailored disclosures.
Amendments create a Fast Track Issue route allowing eligible listed issuers to conduct follow on public offerings and rights issues by filing the Red Herring Prospectus/Prospectus with the Registrar of Companies or the letter of offer with the Designated Stock Exchange and simultaneously furnishing a copy to the Board and stock exchanges without filing a draft offer document with SEBI. Eligibility conditions, tailored procedural relaxations, abbreviated filing and advertising timelines, enhanced due diligence certifications, and specified disclosure and reporting adjustments accompany the FTI mechanism.
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