LIST/COMP/58/2019-20 February 06, 2020
Dear Sir / Madam,
Subject: Securities and Exchange Board of India (Issuing Observations on Draft Offer Documents Pending Regulatory Actions) Order, 2020
In exercise of the powers conferred under sub-clause (ii) of clause (b) of sub-section (1) of section 11A of the Act, the Board hereby issues the following General Order to formalize the issuance of observations on draft offer documents filed with the Board, where an investigation, enquiry, adjudication, prosecution, disgorgement, recovery or other regulatory action is pending against the issuer or its promoter(s)/director(s)/group companies ("the entities").
This General Order may be called the Securities and Exchange Board of India (Issuing Observations on Draft Offer Documents Pending Regulatory Actions) Order, 2020 and shall come into force with immediate effect.
This General Order shall supersede the Securities and Exchange Board of India (Issuing Observations on Draft Offer Documents Pending Regulatory Actions) Order, 2006, as amended on March 31, 2008 by the General Order no. 1 of 2008.
The aforesaid order is appended for reference.
Listed Companies are requested to take note of the said amendment and comply accordingly.
Abhijit Pai Shyam Bhagirath
Dy. General Manager Associate Manager
Listing Compliance Listing Compliance
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