SEBI Reduces Timeline for Uploading of ‘Scheme Information Document’ on Its Website to 8 Working Days for Public Comments
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- Last Updated on 24 December, 2024
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Circular No. SEBI/HO/IMD/IMD-RAC-1/P/CIR/2024/179; Dated: 20.12.2024
As per the SEBI’s Master Circular dated June 27, 2024, AMCs are required to submit a soft copy of the draft Scheme Information Document (SID) to SEBI, which is made available on its website for 21 working days from the date of filing to receive public comments. SEBI has now reduced the timeline for uploading SID on its website from 21 working days to at least 8 working days to receive public comments on the adequacy of disclosures made in the offer document.
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