One-time relaxation with respect to validity of SEBI Observations

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Sir / Madam, Subject: One-time relaxation with respect to validity of SEBI Observations 1. In terms of Regulations 44(1) and 59C of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations, 2018), a public issue may be opened within twelve months and eighteen months respectively from the date of issuance of observations by SEBI. 2. SEBI has received represe....