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ARTICLE · 02 APRIL 2025

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SEBI - ICDR Regulations Amendment Of March 2025: Key Changes From Rights Issue Perspective

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On 3 March 2025, the Securities and Exchange Board of India (SEBI) introduced several changes to the existing rights issue framework, relating to process and disclosure requirements through significant amendments to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

IndiaFinance and Banking
Sathvik Ponnappa
Sathvik Ponnappa
Sanjeev Chowdhary
Sanjeev Chowdhary
Anubhav Jaiswal
Anubhav Jaiswal
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Introduction

On 3 March 2025, the Securities and Exchange Board of India (SEBI) introduced several changes to the existing rights issue framework, relating to process and disclosure requirements through significant amendments to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations). This amendment, which was notified on 4 March 2025, read with the SEBI circular dated 11 March 2025, wherein the revised timelines for completion of the rights issue process has been notified (Rights Issue Circular) (together the Rights Issue Amendments 2025), aims to streamline the rights issue process, reduce turnaround times, and enhance the efficiency of capital raising by listed companies.

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