Introduction of Issue Summary Document (ISD) and dissemination of issue advertisements

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..... akeovers) Regulations, 2011 ( SEBI SAST Regulations ) and SEBI (Delisting of Equity Shares) Regulations, 2021 ( SEBI Delisting Regulations ), etc., it has been decided to make available relevant information / data points at the Stock Exchanges and Depositories in a structured manner. 2. Accordingly, after consultation with the stakeholders, an Issue Summary Document (ISD) has been designed. It has been decided to introduce the ISD for the following, in XBRL (Extensible Business Reporting Language) format: i. public issue of specified securities (initial public offer / further public offer); ii. further issues {preferential issue, qualified institutions placement (QIP), rights issue, issue of American Depository Receipts (ADR), G .....

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..... lso casts responsibility on the entity responsible for the submission (hereinafter referred to as Submitting Entity ). 6. Stock Exchanges shall develop a utility in order to facilitate the filing of the ISD by Submitting Entity. The Submitting Entity may file the details, as applicable in the format mentioned at para 4 above, to any stock exchange where the securities of the entity, in relation to which the ISD is being filed, are listed / proposed to be listed. 7. The Stock Exchange which receives the ISD shall further transmit, as soon as possible, the information to other Stock Exchanges and Depositories for dissemination. 8. Dissemination on the websites of Stock Exchanges and Depositories: i. Stock Exchanges and Depositori .....

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..... . This Circular is issued in exercise of the powers conferred under Section 11 and Section 11A of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors and to promote the development of, and to regulate the securities market. 13. A copy of this circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework Circulars . Yours faithfully, Yogita Jadhav General Manager Corporation Finance Department Policy and Development - 1 +91 22 2644 9583 Email [email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia. .....

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