https://www.taxtmi.com/notifications?id=140405 The Regulations expand definitions for key managerial personnel and senior management, omit certain clauses and Schedule II, and insert Chapter VA requiring issuers offering non-convertible securities on private placement to file a one year valid general information document and, for subsequent offers during that validity, a key information document. Filing is on a "comply or explain" basis during the transitional period and mandatory thereafter; shelf placement memoranda or shelf prospectuses in force can exempt general information document filing so long as the key information document is filed. Schedule I is substituted to prescribe comprehensive, standardized disclosures for public and private offers, including financial statements, risk factors, security and covenant details, and issuer responsibility statements. en-us Mon, 03 Jul 2023 00:00:00 +0530 Sat, 08 Jul 2023 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140405 The Regulations expand definitions for key managerial personnel and senior management, omit certain clauses and Schedule II, and insert Chapter VA requiring issuers offering non-convertible securities on private placement to file a one year valid general information document and, for subsequent offers during that validity, a key information document. Filing is on a "comply or explain" basis during the transitional period and mandatory thereafter; shelf placement memoranda or shelf prospectuses in force can exempt general information document filing so long as the key information document is filed. Schedule I is substituted to prescribe comprehensive, standardized disclosures for public and private offers, including financial statements, risk factors, security and covenant details, and issuer responsibility statements. Notifications SEBI Mon, 03 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140405