LIST/COMP/16/2020-21
Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/CFD/CIR/CFD/ DIL/85 / 2020 dated June 09, 2020, regarding relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Further Public Offer.
In the line of SEBI circular no. SEBI/HO/CFD/CIR/ CFD/DIL/67/2020 dated April 21, 2020, it has been decided to provide similar relaxations in the eligibility conditions related to Fast Track Further Public Offer (FPO) as contained in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations).
These temporary relaxations are applicable for FPOs that open on or before March 31, 2021. The relaxations mentioned in this circular are not applicable for issuance of warrants.
This circular shall come into force with immediate effect.
The aforesaid circular is attached for reference.
Listed Companies are requested to take note and comply accordingly.
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Hiteshkumar Desai
Additional General Manager
Listing Compliance
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Ashok Kumar Singh
Assistant General Manager
Listing Compliance
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June 10, 2020
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