Nature of changes in the offer document requiring filing of updated offer document [See regulation 59e (2)]
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.... (2)] (1) Changes which require fresh filing of the pre-filed draft offer document or draft offer document with the Board, along with fees: (a) If changes are made in the pre-filed draft offer document after receipt of observations or comments from the Board with respect to any of the following, the issuer shall file the fresh pre-filed draft offer document or draft offer docu....
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....alue)] by more than fifty percent. (vii) In case of an offer for sale, any increase or decrease in the number of shares offered for sale or the estimated issue size ^3[(in Rupee value), whichever is disclosed in the draft offer document], by more than fifty percent. (viii) In case of an issue comprising of both fresh issue and offer for sale, any increase or decrease in the&....
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....pecified in Schedule III: (i) Section 1: Risk Factors: Any material development which may result in potential risk and may require updation in this section. (ii) Section 2: Capital Structure: An aggregate increase of 5 percent or more in the shareholding of the promoter or promoter group or an aggregate increase of 5 per cent. or more in the sharehol....
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....elopment about a pending litigation which is considered material by the lead manager(s). (b) After filing the updated offer document with the Board, the issuer may proceed with the issue after receiving a confirmation to this effect from the Board. (3) Changes which require filing of the updated offer document with the Board, without fees: All other changes or updations in the p....
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