SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (THIRD AMENDMENT) REGULATIONS, 2017 - SEBI/LAD-NRO/GN/2017-18/014 - SEBI
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Eligibility expansion for intermediaries: adds category II to permitted participants in specified allotments under issue rules. The amendment inserts category II into the proviso to regulation 37, clause (b), thereby bringing both category I and category II within that proviso's scope. The regulation takes effect on publication in the Official Gazette and applies to red herring prospectuses registered with the Registrar of Companies on or after commencement.
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Provisions expressly mentioned in the judgment/order text.
Eligibility expansion for intermediaries: adds category II to permitted participants in specified allotments under issue rules.
The amendment inserts category II into the proviso to regulation 37, clause (b), thereby bringing both category I and category II within that proviso's scope. The regulation takes effect on publication in the Official Gazette and applies to red herring prospectuses registered with the Registrar of Companies on or after commencement.
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