Prospectus disclosure requirements: revised abridged prospectus and front-cover formats require KPI substantiation and QR code linkage. SEBI prescribes revised formats for abridged prospectuses (Annexure A) and front outside cover pages (Annexure B) applicable to all issues opening after the circular, requiring issuers and merchant bankers to ensure accurate, non-misleading disclosures; qualitative statements must be supported by Key Performance Indicators; abridged prospectuses must be made downloadable via issuer/lead manager/registrar websites and linked in price band advertisements; QR codes linking to prospectus materials are mandated; stock exchanges must disseminate the circular; and prescribed content includes offer particulars, timelines, WACA data, limited risk and litigation summaries, financial snapshots and issuer/selling shareholder responsibility declarations.
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.
Prospectus disclosure requirements: revised abridged prospectus and front-cover formats require KPI substantiation and QR code linkage.
SEBI prescribes revised formats for abridged prospectuses (Annexure A) and front outside cover pages (Annexure B) applicable to all issues opening after the circular, requiring issuers and merchant bankers to ensure accurate, non-misleading disclosures; qualitative statements must be supported by Key Performance Indicators; abridged prospectuses must be made downloadable via issuer/lead manager/registrar websites and linked in price band advertisements; QR codes linking to prospectus materials are mandated; stock exchanges must disseminate the circular; and prescribed content includes offer particulars, timelines, WACA data, limited risk and litigation summaries, financial snapshots and issuer/selling shareholder responsibility declarations.
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