Dear Sir \ Madam
The Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/CFD/CFD-TPD-1/P/CIR/2024/55 dated May 24, 2024, regarding Audiovisual (AV) presentation of disclosures made in Public Issue Offer Documents.
In order to create awareness among investors to not rely on unauthorized/unsolicited information about public issues, it has been decided that salient disclosures made in the Draft Red Herring Prospectus (DRHP), Red Herring Prospects (RHP) and Price Band Advertisement for public issues shall also be made available in Audio Visual format (AV) for ease in understanding the features of public issues. Such AV shall be prepared and placed in the public domain for all main board public issues. The same shall initially be in bilingual format i.e. English and Hindi. The Hindi version shall contain text in Devanagari script.
The provisions of this circular shall be made applicable to all DRHP filed with SEBI.
a) On or after July 01, 2024, on Voluntary basis.
b) October 01, 2024, onwards on Mandatory basis.
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
|
|