SEBI updates rules to ease the debt securities issuers disclosure structure: The Securities and Exchange Board of India (SEBI) released regulations for the introduction of general information and important information document concepts.
Daily Current Affairs Quiz: July 2023
Markets regulator SEBI has notified rules for introducing the concept of general information and key information document to avoid multiple filings of documents by issuers of debt securities.
Aim: To prevent debt securities issuers from filing numerous copies of the same document
At the time of the initial offering, a General Information Document (GID) including the details and disclosures listed in the common schedule will be lodged with the stock exchanges.
