Sub: Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Further Public Offer
To all Listed Companies
Attention of such aforesaid listed companies are drawn to SEBI Circular Ref. No. SEBI/HO/CFD/CIR/CFD/DIL/85/2020 dated June 09, 2020 (copy available at CSE web-site at www.cse-india.com and SEBI web-site at www.sebi.com) wherein
“SEBI/HO/CFD/CIR/CFD/DIL/85/2020” it has been decided to provide similar relaxations in the eligibility conditions related to Fast Track Further Public Offer (FPO) as contained in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations) as follows:
Sub-regulations (1), (2), (3), ( 4) and ( 5) and (9) of regulation 123 shall not apply if the issuer satisfies the conditions mentioned under Regulation 155 of ICDR Regulations for making a further public offer through the fast track route:
Certain temporary relaxations with respect to Regulation 155 of ICDR Regulations are extended as mentioned in the said Circular.”
This is for information and necessary action.
CS Chandrani Datta
The Calcutta Stock Exchange Ltd.