{"id":284352,"date":"2023-02-17T18:30:55","date_gmt":"2023-02-17T13:00:55","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=284352"},"modified":"2023-02-17T18:34:21","modified_gmt":"2023-02-17T13:04:21","slug":"sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/","title":{"rendered":"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 15-2-2023, the Securities and Exchange Board of India (&#8216;SEBI&#8217;) issued circular on Introduction of Issue Summary Document (ISD) and dissemination of issue advertisements to facilitate consumption of data by stakeholders by making the relevant information\/ data points available at the Stock Exchanges and Depositories in a structured manner.<\/p>\n<p><b>Key Points:<\/b><\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">1. ISD will be available IN XBRL (Extensible Business Reporting Language) Format for the following:<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; Public issue of specified securities (Initial public offer\/ further public offer);<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; Further issues (preferential issue, qualified institutions placement, rights issue, issue of American Depository Receipts, Global Depository Receipts and Foreign Currency Convertible Bonds);<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; buy-back of equity shares (through tender offer or from the open market);<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; open offer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; voluntary delisting of equity shares where exit opportunity is required under SEBI (Delisting of Equity Shares) Regulations, 2021.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">2. Stages when ISD will be filed:<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; <b>1<span style=\"vertical-align: super;\">st<\/span> stage-<\/b> Containing pre- issue<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; <b>2<span style=\"vertical-align: super;\">nd<\/span> stage-<\/b> Containing post-issue after the allotment\/ offer is completed<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">3. <b>Annexure A<\/b> contains the formats for ISD which provide timeline for submission of the details. It also casts responsibility on the entity responsible for submission (&#8216;Submitting Entity&#8217;).<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">4. <b>Procedure:<\/b><\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; The Submitting Entity can file the details to any stock exchange where the securities of the entity, in relation to which the ISD is being filed, are listed or proposed to be listed.<\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; As soon as the stock exchange receives the ISD, the information will have to be transmitted to other stock exchanges and depositories for dissemination.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">5. <b>Implementation Phases:<\/b><\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; <b>1<span style=\"vertical-align: super;\">st<\/span> phase-<\/b> the roll-out will be of ISD for public issues of specified securities, for offer documents filed <b>on or before 1-3-2023.<\/b><\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; <b>2<span style=\"vertical-align: super;\">nd<\/span> phase-<\/b> ISD for further issues will be implemented from <b>3-4-2023.<\/b><\/p>\n<p style=\"margin-left: 54pt; text-indent: -18pt;\">&#8226; <b>3<span style=\"vertical-align: super;\">rd<\/span> phase-<\/b> ISD for open offer, buy-back and voluntary delisting will be implemented from <b>2-5-2023.<\/b><\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">6. The <b>Lead Managers<\/b> will then disseminate all advertisements, in <b>pdf format<\/b> on the website from <b>1-3-2023,<\/b> in connection with a public issue under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">7. SEBI further directed the stock exchanges and Depositories to communicate the status of implementation of the circular within 7 days of implementation in the <b>Monthly Developments Reports<\/b>.<\/p>\n<hr\/>\n<p style=\"text-indent: 18pt;\"><strong><span style=\"color: #000080;\">*Kriti Kumar, Editorial Assistant has reported this brief.<\/span><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 15-2-2023, the Securities and Exchange Board of India (&#8216;SEBI&#8217;) issued circular on Introduction of Issue Summary Document (ISD) and dissemination of <\/p>\n","protected":false},"author":67011,"featured_media":278871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[40311,55332,55331,55330,2563,37170],"class_list":["post-284352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-depositories","tag-dissemination","tag-isd","tag-issue-summary-document","tag-SEBI","tag-stock-exchange"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders | SCC Times<\/title>\n<meta name=\"description\" content=\"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders\" \/>\n<meta property=\"og:description\" content=\"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-17T13:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-17T13:04:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/\",\"name\":\"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg\",\"datePublished\":\"2023-02-17T13:00:55+00:00\",\"dateModified\":\"2023-02-17T13:04:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg\",\"width\":390,\"height\":310,\"caption\":\"SEBI\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders | SCC Times","description":"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/","og_locale":"en_US","og_type":"article","og_title":"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders","og_description":"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)","og_url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2023-02-17T13:00:55+00:00","article_modified_time":"2023-02-17T13:04:21+00:00","og_image":[{"width":390,"height":310,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/","url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/","name":"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg","datePublished":"2023-02-17T13:00:55+00:00","dateModified":"2023-02-17T13:04:21+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"On 15-2-2023, the Securities and Exchange Board of India (\u2018SEBI\u2019) issued circular on Introduction of Issue Summary Document (ISD)","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg","width":390,"height":310,"caption":"SEBI"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/17\/sebi-issued-circular-on-introduction-of-issue-summary-document-isd-and-dissemination-of-issue-advertisements-to-facilitate-consumption-of-data-by-stakeholders-by-making-relevant-information-data-poi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEBI introduces Issue Summary Document and Dissemination of Issue to facilitate consumption of data by stakeholders"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image44.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":285892,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/03\/02\/legislation-february-2023-17-stories-on-budget-2023-24-revision-of-income-tax-forms-definition-of-piracy-reduction-of-management-fees-of-asset-reconstruction-companies-sebi-circulars-and-m\/","url_meta":{"origin":284352,"position":0},"title":"LEGISLATION FEBRUARY 2023| 17+ Stories on Budget 2023-24; Revision of Income-Tax Forms; Definition of Piracy; Reduction of management fees of Asset Reconstruction Companies &amp; SEBI Circulars; and more","author":"Kriti","date":"March 2, 2023","format":false,"excerpt":"UNION CABINET Union Budget 2023-24 Highlights: What\u2019s in bag for middle-class? On 1-02-2023, the Union Finance Minister, Nirmala Sitharaman announced the Union Budget 2023. The budget is particularly focused upon inclusive development, especially covering the youth, women, farmers, OBCs, Scheduled Castes and Scheduled Tribes. READ MORE MINISTRY OF FINANCE CBDT\u2026","rel":"","context":"In &quot;Legal RoundUp&quot;","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-601.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":343628,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/03\/14\/sebi-issue-of-capital-and-disclosure-requirements-amendment-regulations\/","url_meta":{"origin":284352,"position":1},"title":"SEBI revises ICDR Regulations introducing the concept of Specific Investors","author":"Kriti","date":"March 14, 2025","format":false,"excerpt":"Application by Specific Investors will have to be made on 1st day of issue opening before 11 A.M.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Securities and Exchange Board of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":331678,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/24\/sebi-notifies-issue-and-listing-of-non-convertible-securities-second-amendment\/","url_meta":{"origin":284352,"position":2},"title":"SEBI (Issue and Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2024","author":"Kriti","date":"September 24, 2024","format":false,"excerpt":"SEBI revises the period for which the draft offer document was to be made public.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Securities and Exchange Board of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":322810,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/05\/23\/sebi-issues-master-circular-on-non-convertible-securities-debt-securities-and-commercial-paper-to-serve-as-a-comprehensive-guide-for-issuers\/","url_meta":{"origin":284352,"position":3},"title":"SEBI issues Master Circular on Non-Convertible Securities, Debt Securities, and Commercial Paper to serve as a comprehensive guide for issuers","author":"Editor","date":"May 23, 2024","format":false,"excerpt":"The Master Circular has been created to consolidate previous circulars and guidelines up till 21-05-2024 by SEBI","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Securities and Exchange Board of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":252506,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/10\/merger-of-sebi-issue-and-listing-of-debt-securities-regulations-2008-and-sebi-issue-and-listing-of-non-convertible-redeemable-preference-shares-regulations-2013-into-sebi-issue-and-listing-of-n\/","url_meta":{"origin":284352,"position":4},"title":"Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008 and SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 into SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021","author":"Prachi Bhardwaj","date":"August 10, 2021","format":false,"excerpt":"The Securities and Exchange Board of India has notified SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 on August 9, 2021. The Regulation merges SEBI (Issue & Listing of Debt Securities) Regulations, 2008 (ILDS Regulations) and SEBI (Issue & Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 (NCRPS Regulations).\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":341650,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/02\/17\/sebi-investor-charter-amendment-regulations-legal-news\/","url_meta":{"origin":284352,"position":5},"title":"SEBI revises various Regulations introducing compliance with Investor Charter","author":"Kriti","date":"February 17, 2025","format":false,"excerpt":"This amendment revises 17 SEBI Regulations.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Securities and Exchange Board of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Securities-and-Exchange-Board-of-India.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/284352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=284352"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/284352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/278871"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=284352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=284352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=284352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}