MCA has notified the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2024. Amendment states that a private company, which is not a small company as of the FY ending on or after March 31, 2023, must dematerialise its securities within 18 months of the closure of FY.
A producer company must comply with dematerialisation provisions within a period of 5 years from the closure of such FY.
In order to streamline and align the process of applying in the public issue of debt securities, non-convertible redeemable preference shares, municipal debt securities and
The new standardized file formats, termed “Unified Distilled File Formats (UDiFF)”, which is in conformity with international ISO standards, has been implemented in a phased
hese operational guidelines (“guidelines”) for Foreign Venture Capital Investors (“FVCIs”) and Designated Depository Participants (“DDPs”) are issued to facilitate smooth transition to the amended FVCI
The T+3 timeline for listing shall be appropriately disclosed in the Offer Documents of public issues.
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