Relaxation with respect to Validity of SEBI Observations and Revision in issue size

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..... Validity of SEBI Observations and Revision in issue size 1. SEBI vide circular no. SEBI/HO/CFD/DIL1/CIR/P/2020/66 dated April 21, 2020 had given certain relaxations with respect to validity of SEBI Observations and filing of fresh offer document in case of increase or decrease of issue size beyond a particular threshold. 2. There have been representations that in view of the prevailing c .....

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..... owers conferred by Section 11(1) read with Section 11A of the Securities and Exchange Board of India Act, 1992 read with Regulations 299 and 300 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 , to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 7. .....

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