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TMI BlogPublic communications and publicity materials [See regulation 42, 59c (8), 59c (9), 59c (13), 83, 138, 199 and 264]X X X X Extracts X X X X X X X X Extracts X X X X ..... ntained in the draft offer document/offer document and shall comply with the following: (a) it shall be truthful, fair and shall not be manipulative or deceptive or distorted and it shall not contain any statement, promise or forecast which is untrue or misleading; (b) if it reproduces or purports to reproduce any information contained in the draft offer document or draft letter of offer or offer document, as the case may be, it shall reproduce such information in full and disclose all relevant facts not to be restricted to select extracts relating to that information; (c) it shall be set forth in a clear, concise and understandable language; (d) it shall not include any issue slogans or brand names for the issue except the normal commercia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... case may be, for details in not less than point seven size; (m) an issue advertisement displayed on a billboard/banners shall contain information as specified in Part D of Schedule X; (n) an issue advertisement which contains highlights or information other than the details contained in the formats as specified in Schedule X shall prominently advise the viewers to refer to the draft offer document and offer document for details and risk factors. (2) All public communications issued or published in any media during the period commencing from the date of the meeting of the board of directors of the issuer in which the public issue is approved till the date of filing draft offer document with the Board shall be consistent with its past practi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rectly, release, during any conference or at any other time, any material or information which is not contained in the offer document. (6) For all issue advertisements and public communications, the issuer shall obtain the approval from the lead manager(s) responsible for marketing the issue and shall also provide copies of all issue related materials to all lead manager(s). (7) Any advertisement or research report issued/ made by the issuer/cause to be issued by the issuer or its associate company (as defined under the Companies Act, 2013), or by the lead manager(s) or their associates (as defined in the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992) or any other intermediary connected with the issue or their ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issue advertisement shall display models, celebrities, fictional characters, landmarks or caricatures or the likes; i) no issue advertisement shall appear in the form of crawlers (the advertisements which run simultaneously with the programme in a narrow strip at the bottom of the television screen) on television; j) in any issue advertisement on television screen, the risk factors shall not be scrolled on the television screen and the advertisement shall advise the viewers to refer to draft offer document or draft letter of offer or offer document, as the case may be, or other documents, the red herring prospectus or other offer document for details; k) no issue advertisement shall contain slogans, expletives or non-factual and unsubstant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or otherwise, shall be given by the issuer or any member of the issue management team or syndicate to any particular section of the investors or to any research analyst in any manner whatsoever, including at road shows, presentations, in research or sales reports or at bidding centres. (11) The lead manager(s) shall submit a compliance certificate in the format specified in Part E of Schedule X for the period between the date of filing the draft offer document 1 [ / draft letter of offer ] and the date of closure of the issue, in respect of news reports appearing in any of the following media: a) newspapers mentioned in these regulations; b) print and electronic media controlled by a media group where the media group has a private treaty o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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