With a view towards ensuring potential investors can make more informed decisions based on easily understandable information, the Securities and Exchange Board of India (SEBI) had released a consultation paper in March 2024. This paper sought public comments on proposals to make key disclosures in the Draft Red-Herring Prospectus (DRHP), Red Herring Prospectus (RHP), and Price Band Advertisement for public issues also available in an Audio-visual (AV) format. After considering the feedback received, SEBI rolled out the final version of the circular recently, making these AV disclosures mandatory. Here are the key changes between the circular during the consultation stage … Continue reading SEBI rolls out final cut mandating key disclosures in Draft Red-Herring Prospectus (DRHP), Price Band Advertisement etc. for public issues also in AV format