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Relaxations relating to procedural matters –Issues and Listing - SEBI - SEBI/HO/CFD/DIL2/CIR/P/2021/633

Extract

..... lations of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, pertaining to Rights Issue opening upto July 31, 2020. 2. Based on the representations received from the market participants, the validity of these relaxations was further extended for Rights Issues opening up to December 31, 2020, vide SEBI Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020. 3. The relaxation mentioned in point (iv) of the said SEBI Circular dated May 6, 2020, was further extended vi .....

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Relaxations relating to procedural matters –Issues and Listing - SEBI

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..... t a Vulnerability Test for optional mechanism (non-cash mode only) provided to accept the applications in Rights Issue (facility provided by RTA), from an independent IT Auditor, and submit the report to Stock Exchange(s). 6. This circular is issued in exercise of powers 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 Requiremen .....

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