https://www.taxtmi.com/notifications?id=136362 Amendments shorten default post offer retention periods by substituting shorter allotment based lock in timeframes while inserting provisos that reimpose extended lock ins when the majority of issue proceeds (excluding offer for sale) are proposed for capital expenditure; explanatory text defines "capital expenditure" to include civil works, fixed assets, land, building and plant and machinery. Parallel substitutions reduce other holding periods and adjust provisos; Schedule VI is amended to refine group company disclosure, require names and addresses in the offer document, and mandate hosting of audited financial metrics of top group companies on their websites. en-us Fri, 13 Aug 2021 00:00:00 +0530 Sat, 14 Aug 2021 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136362 Amendments shorten default post offer retention periods by substituting shorter allotment based lock in timeframes while inserting provisos that reimpose extended lock ins when the majority of issue proceeds (excluding offer for sale) are proposed for capital expenditure; explanatory text defines "capital expenditure" to include civil works, fixed assets, land, building and plant and machinery. Parallel substitutions reduce other holding periods and adjust provisos; Schedule VI is amended to refine group company disclosure, require names and addresses in the offer document, and mandate hosting of audited financial metrics of top group companies on their websites. Notifications SEBI Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136362