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

Filing of Abridged Prospectus of Public Issues in XBRL format

31-Aug-2023 | Circular Ref. No.: NSE/CML/2023/63

National Stock Exchange of India has issued a circular regarding the filing of Abridged Prospectus of Public Issues in XBRL format, effective from 1st September 2023. The key points from the circular are: 1. The Exchange has introduced a provision to file the Abridged Prospectus in XBRL format in a structured manner to make it easier for stakeholders such as researchers, policy makers, market analysts, and market participants to access and analyze data related to Public Issues. 2. Merchant Bankers and Issuers are advised to file the Abridged Prospectus of the Issue, following the format prescribed under SEBI Circular No. SEBI/HO/CFD/SSEP/CIR/P/2022/14 dated February 4, 2022, in XBRL format with the Exchange before the opening of the Issue. 3. The filing of Abridged Prospectus in XBRL format is applicable to all Public Issues of equity shares opening on or after September 1, 2023.

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