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NOTICES
Notice No.   20230908-3   Notice Date   08 Sep 2023
Category   Circulars Listed Companies   Segment   Debt
Subject   New format of Abridged Prospectus for public issues of Non-Convertible Debt Securities and/or Non-convertible Redeemable Preference Shares
Attachments   New format of Abridged Prospectus.pdf ;
Content

Dear Sir\Madam

 

The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/DDHS/PoD1/CIR/P/2023/150 dated September 4, 2023, regarding new format of Abridged Prospectus for public issues of Non-Convertible Debt Securities and/or Non-convertible Redeemable Preference Shares.

 

In order to simplify and provide clarity and consistency in the disclosures, SEBI vide this Circular has revised the format for disclosures in the abridged Prospectus and the same is placed at Annex-I of this Circular.

 

This Circular shall be applicable for all public issues opening on or after October 1, 2023. Accordingly, for public issues that open on or after October 1, 2023, the format of an Abridged Prospectus shall be as per Annex-I of this Circular instead of Part B of Schedule I of the NCS Regulations.

 

The aforesaid circular is attached for reference.

 

All Listed companies are requested to take note and comply accordingly.   

 

Ashok kumar Singh  
DGM-Listing Compliance 

 

Shyam Bhagirath    
Manager-Listing Compliance