https://www.taxtmi.com/circulars?id=58739 The amendments rationalise rights-issue disclosures, make ASBA applicable to rights issues for shareholders holding dematerialised shares and require explicit ASBA election in application forms; they expand and standardise letter-of-offer and abridged-letter-of-offer contents, tighten materiality and risk-disclosure rules, and mandate that rights-issue proceeds may be utilised only after the basis of allotment is finalised, with a shortened finalisation timeline and specified issuer undertakings and transitional applicability rules. en-us Thu, 20 Aug 2009 00:00:00 +0530 Thu, 26 Feb 2026 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58739 The amendments rationalise rights-issue disclosures, make ASBA applicable to rights issues for shareholders holding dematerialised shares and require explicit ASBA election in application forms; they expand and standardise letter-of-offer and abridged-letter-of-offer contents, tighten materiality and risk-disclosure rules, and mandate that rights-issue proceeds may be utilised only after the basis of allotment is finalised, with a shortened finalisation timeline and specified issuer undertakings and transitional applicability rules. Circulars SEBI Thu, 20 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58739