Receive Daily Updates by Email (Free Subscription)

SEBI (ICDR) (3rd Amendment) Regulations 2017 - Notified

SEBI vide notification No. SEBI/LAD-NRO/GN/2017-18/014 dated 31st July, 2017, has notified SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations 2017, which is as under:

In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, namely:-

1. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2017.

2. They shall come into force on the date of their publication in the Official Gazette.

3. These regulations shall be applicable to red herring prospectuses registered with the Registrar of Companies, on or after the date of coming into force of these regulations.

4. In the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, in regulation 37, in the proviso, in clause (b), after the word and symbol “category I” and before the words “or a”, the words and symbols “or category II” shall be inserted.

No comments:

Post a Comment