SEBI proposes to introduce an audio-visual representation of disclosures made in offer documents for public issue
Editorial Note : SEBI has proposed that disclosures made in Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) of public issues shall also be made available in Audiovisual (AV) format by issuer companies desiring to list on the main board. Further, AV on public issues will be in bilingual version i.e. English and Hindi and made available in the public domain. This move is intended to facilitate easier understanding of key features of an offer. The comments must be submitted by 09.04.2024.