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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

COVID-19 - Relaxations from certain provisions of the SEBI (ICDR) Regulations, 2018 in respect of Further Public Offer

09-Jun-2020 | SEBI/HO/CFD/CIR/CFD/DIL/85/2020

Provisions of eligibility conditions in Regulation 155 of SEBI(ICDR) Regulations, 2018 have been relaxed in the manner as specified in attached circular including reduction in requirement of average market capitalisation of public shareholding of the issuer from at least Rs.1000 crores to Rs. 500 crores for Fast Track Further Public Offer (FPO) that will open on or before March 31, 2021.

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