Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends 2018 Regulations: New Rules for Non-Individual Public Shareholders and Promoter Group Entities, Faster Timelines.</h1> The Securities and Exchange Board of India (SEBI) has issued amendments to the 2018 regulations on capital issuance and disclosure requirements, effective upon publication in the Official Gazette. The amendments primarily involve inserting provisions related to non-individual public shareholders holding at least five percent of post-issue capital and entities within the promoter group, excluding promoters. Several regulations have been omitted, and timelines for certain actions have been reduced from three to one working day. Additional clauses have been added to address equity shares arising from conversions of compulsorily convertible securities, ensuring full disclosure in draft offer documents.