https://www.taxtmi.com/circulars?id=63766 SEBI grants one-time relief extending the validity of observations that expire between March and September 2020 by six months, subject to a lead manager undertaking confirming compliance with Schedule XVI when submitting an updated offer document. SEBI also permits adjustment of estimated fresh issue size by up to fifty percent without refiling the draft offer document, provided there is no change in the objects of the issue, the lead manager certifies compliance with Regulation 7(1)(e), and an addendum to the draft red herring prospectus is published. en-us Tue, 21 Apr 2020 00:00:00 +0530 Tue, 21 Apr 2020 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63766 SEBI grants one-time relief extending the validity of observations that expire between March and September 2020 by six months, subject to a lead manager undertaking confirming compliance with Schedule XVI when submitting an updated offer document. SEBI also permits adjustment of estimated fresh issue size by up to fifty percent without refiling the draft offer document, provided there is no change in the objects of the issue, the lead manager certifies compliance with Regulation 7(1)(e), and an addendum to the draft red herring prospectus is published. Circulars SEBI Tue, 21 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63766