The Securities Exchange Board of India (SEBI) is improving the transparency of public issue disclosures by requiring that key features in the Draft Red Herring Prospectus (DRHP), Red Herring Prospectus (RHP), and Price Band Advertisement for main board public issues be presented in an Audio-Visual (AV) format, available in both English and Hindi. The write-up addresses the following key aspects:
‣ Applicability of the Guidelines
‣ Disclosure in Audio-Visual Format Compliance
‣ Mandatory Advice for Investors
‣ Duration of the Audio-Visual Presentation
‣ Equitable Coverage of DRHP/RHP Sections
‣ Content Requirements
‣ Timely Availability
‣ Digital and Social Media Accessibility
‣ Reflecting Latest Information
‣ Responsibility for Content
‣ Concluding Remarks
