Abridged Prospectus format revised: issuers must adopt new disclosures, include QR links to prospectus and substantiate statements. SEBI mandates a revised abridged prospectus format (Annex I) and investor instruction sheet (Annex II) for public issues of non convertible debt securities and non convertible redeemable preference shares opening on or after October 1, 2023, requiring issuers and intermediaries to host the abridged prospectus online, include QR codes linking to the prospectus, ensure disclosures are accurate and non misleading, substantiate qualitative statements with quantitative factors, and follow specified application eligibility, rejection grounds and basis of allotment procedures.
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.
Abridged Prospectus format revised: issuers must adopt new disclosures, include QR links to prospectus and substantiate statements.
SEBI mandates a revised abridged prospectus format (Annex I) and investor instruction sheet (Annex II) for public issues of non convertible debt securities and non convertible redeemable preference shares opening on or after October 1, 2023, requiring issuers and intermediaries to host the abridged prospectus online, include QR codes linking to the prospectus, ensure disclosures are accurate and non misleading, substantiate qualitative statements with quantitative factors, and follow specified application eligibility, rejection grounds and basis of allotment procedures.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
