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TMI BlogAmendments to SEBI (Disclosure and Investor Protection) {DIP} Guidelines, 2000X X X X Extracts X X X X X X X X Extracts X X X X ..... he above policy. A copy of the amendment is enclosed at Annexure I. 3. Applicability The amendments made vide this circular shall come into force with immediate effect. 4. This circular is being issued in exercise of the powers conferred under sub-section (1) of Section 11 of the Securities and Exchange Board of India Act, 1992. 5. This circular, along with the annexure, is available on SEBI website at www.sebi.gov.in. The entire text of SEBI (DIP) Guidelines, 2000, including the amendments issued vide this circular, is also available on SEBI website under the category "Issues and Listing". Yours faithfully, PARAG BASU Encl.: a/a ANNEXURE I AMENDMENTS TO SEBI (DISCLOSURE AND INVESTOR PROTECTION) GUIDELINES, 2000 CHAPTER ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uer company, interviews by its promoters, directors, duly authorized employees or representatives of the issuer company, documentaries about the issuer company or its promoters, periodical reports and press releases, issued or published in any media during the period commencing from the date of filing draft offer document with SEBI till the date of allotment of securities offered in the issue, shall comply with the following: (a) It shall be prominently displayed or announced in such public communication or publicity material that the issuer company is proposing to make a public or rights issue of securities, as the case may be and has filed a draft offer document with SEBI or has filed the Red Herring Prospectus / Prospectus with the Regi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fered in the public issue. (b) In case of a book built issue, between the date of filing the Red Herring Prospectus with the Registrar of Companies and the date of allotment of the securities offered in the issue. (c) In case of a rights issue, between the date of filing the Letter of Offer with the Designated Stock Exchange and the date of allotment of the securities offered in the rights issue." Pre-Issue Publicity: Presently, the SEBI (DIP) Guidelines 2000 do not contain specific provisions on pre-issue publicity made during the period prior to filing draft offer document with SEBI. In order to regulate pre-issue publicity by companies proposing to make a public or rights issue, it has now been decided to introduce provisions su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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