Regulatory Alerts2026-03-21
Added · Updated
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2026
The Securities and Exchange Board of India (SEBI) amended its (Issue of Capital and Disclosure Requirements) Regulations, 2018. The amendments require depositories to record specified securities as "non-transferable" for the lock-in period if lock-in cannot be created, upon issuer instructions. Issuers must now file and host a draft abridged prospectus and abridged prospectus alongside other offer documents, and public issue advertisements must include QR codes and links to access relevant prospectuses and price band advertisements. Schedule VI was updated to specify detailed content requirements for the abridged prospectus, including business, industry, promoter, financial, and risk factor information, and to mandate QR codes and links for accessing offer documents in public announcements.