2025-12-05
The Securities and Exchange Board of India issued these regulations to consolidate and amend the rules governing the issue of capital and disclosure requirements for listed and unlisted issuers. The document establishes the preliminary framework by defining key terms such as anchor investors, qualified institutional buyers, and promoters, while setting the commencement date for enforcement. It serves as the primary regulatory instrument for public issues, rights issues, preferential allotments, and other capital market transactions in India.