Taxmann's Analysis | SEBI's New Abridged Prospectus Format – A Quantum Leap for Investors' Clarity and Confidence in Indian Markets

Download or read book Taxmann's Analysis | SEBI's New Abridged Prospectus Format – A Quantum Leap for Investors' Clarity and Confidence in Indian Markets written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-09-06 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: An abridged prospectus, often called an 'abridged prospectus', is a condensed version of a company's complete prospectus. This article discusses the legal provisions related to the abridged prospectus and the revised disclosure format of the abridged prospectus for greater clarity and enhanced disclosure. In addition, it addresses the requirement that the abridged prospectus must now include a QR code, and Issuer/Merchant Bankers must ensure that the disclosures in the abridged prospectus are adequate and accurate and do not contain any misleading or misstatement.