 "Firms have to fresh file offer documents if changing issue size: Sebi")
The Securities and Exchange Board of India (Sebi) has come out with new rules that require filing of fresh offer documents in case there is a change in the issue size of fundraising from the capital markets.
According to the new norms, which the markets regulator introduced on December 31, a company would require to make a fresh filing of its offer document if it alters the fresh capital raising amount by more than 20 per cent in its initial public offering (IPO) or by more than 50 per cent in its offer for sale (OFS).
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