https://www.taxtmi.com/circulars?id=69601 SEBI has granted a one-time relaxation extending the validity of observation letters expiring between 1 April 2026 and 30 September 2026 up to 30 September 2026. The extension applies subject to an undertaking from the lead manager confirming compliance with Schedule XVI of the ICDR Regulations while submitting the updated offer document to the Board. The circular takes immediate effect and operates within the framework governing the opening of public issues after SEBI observations. en-us Tue, 07 Apr 2026 00:00:00 +0530 Tue, 07 Apr 2026 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69601 SEBI has granted a one-time relaxation extending the validity of observation letters expiring between 1 April 2026 and 30 September 2026 up to 30 September 2026. The extension applies subject to an undertaking from the lead manager confirming compliance with Schedule XVI of the ICDR Regulations while submitting the updated offer document to the Board. The circular takes immediate effect and operates within the framework governing the opening of public issues after SEBI observations. Circulars SEBI Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69601