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SEBI Circular for streamlining the process of the Public Issue

SEBI on Tuesday the 10th day of November 2015; with the view to streamline the process of Public Issue of Equity Shares & Convertible Securities & in-furtherance of the amendments in this regard as are already carried out by the amendment to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009:

SEBI reduced the time taken for listing after the closure of issue to 6 working days as against the present requirement of 12 working days, and broad-based the reach of investors by substantially enhancing the points for submission of applications.

The said circular can be accessed at the following link: SEBI Circular No. CIRCFDPOLICYCELL112015 dated 10.11.2015 relating to Streamlining the Process of Public Issue of Equity Shares and Convertibles

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