Disclosures in the abridged prospectus and front cover page of the offer document
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.... Dear Sir / Madam, Sub: Disclosures in the abridged prospectus and front cover page of the offer document I. Disclosures in the Abridged Prospectus 1. Section 2(1) of the Companies Act, 2013 ("Companies Act") defines an abridged prospectus as a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board India by making regulations in th....
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....offer document 1. Clause 1(a) of Part A - Schedule VI of the ICDR Regulations, specifies information to be disclosed on the front outside cover page of offer document. 2. Upon review of the aforesaid disclosure requirement, it was felt that due to the multitude of information which is required to be disclosed, the look and text on the front page appears to be crowded. 3. In connection to abo....
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.... the website of issuer company, lead managers, registrar to an issuers and a link for downloading abridged prospectus shall be provided in price band advertisement. 3. The Issuer Company / Merchant Bankers (MBs) shall ensure that the disclosures in the abridged prospectus are adequate, accurate and does not contain any misleading or mis-statement. 4. Furthermore, the Issuer Company/MBs shall e....