Sebi issues guidelines for returning draft documents
Wed, Feb 7, 2024 10:14 AM

Sebi issues guidelines for returning draft documents

A Flip by Avya Verma
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Sebi has issued guidelines for returning and resubmitting draft offer documents to ensure completeness and compliance with disclosure rules. This will lead to timely processing and clarity for investors in public and rights issues of securities. The circular states that there will be no fees for resubmission. Adequate disclosures and timely processing are crucial for a vibrant primary market.

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