https://www.taxtmi.com/article/detailed?id=9113 Temporary relaxations alter eligibility, disclosure and subscription conditions for rights issues under the ICDR Regulations. Fast track rights issue eligibility thresholds are reduced for time and size criteria; settlement adherence is recognised; specified regulatory actions must be disclosed in the letter of offer; and audit qualifications require restated financials or disclosures. The minimum subscription rule is relaxed to allow issues within a lowered subscription band to succeed subject to application of proceeds to stated objects. The filing threshold for draft letter exemptions is raised while other eligibility and general conditions continue to apply. en-us Fri, 24 Apr 2020 10:23:41 +0530 Fri, 24 Apr 2020 10:23:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9113 Temporary relaxations alter eligibility, disclosure and subscription conditions for rights issues under the ICDR Regulations. Fast track rights issue eligibility thresholds are reduced for time and size criteria; settlement adherence is recognised; specified regulatory actions must be disclosed in the letter of offer; and audit qualifications require restated financials or disclosures. The minimum subscription rule is relaxed to allow issues within a lowered subscription band to succeed subject to application of proceeds to stated objects. The filing threshold for draft letter exemptions is raised while other eligibility and general conditions continue to apply. Articles Corporate Laws / IBC / SEBI Fri, 24 Apr 2020 10:23:41 +0530 https://www.taxtmi.com/article/detailed?id=9113