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Eligibility and disclosures under rights issue rationalized

October 17, 2020[2020] 120 taxmann.com 232 (Article)
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SEBI has on 23rd September 2020 released a press release intimating about amendments to be made in SEBI ICDR Regulations, 2018 ("ICDR Regulations"/"Regulations") 2018. Further, on 28th September 2020, SEBI issued a notification bringing the SEBI (ICDR) (Fourth Amendment) Regulations, 2020 ("Amendment") which was notified in official gazette on 1st October 2020. The Amendment is specifically focused for matters in relation to rights issue by listed entities.
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