Companies based in Sikkim and the Andaman and Nicobar islands can now file offer documents for public issues of up to 500 crore rupees with SEBI’s Eastern Regional office in Kolkata, the market regulator said on Wednesday. This comes into effect for all draft offer documents for issues which are filed with SEBI on or after 27 August 2012. For offer sizes higher than 500 crore rupees, the documents need to be filed at SEBI’s main office in Mumbai.
Filing Offer Documents under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 – Amendment in circular no. CFD/DIL/5/2012, dated 3-5-2012
CIRCULAR NO. CFD/DIL/9/2012, DATED 22-8-2012
1. Please refer to circular No. SEBI CIR/CFD/DIL/5/2012, dated May 3, 2012 on the captioned subject.
2. In partial modification of the above referred circular, it is hereby informed that the jurisdiction of Eastern Regional Office of SEBI includes the state of Sikkim and the Union Territory of Andaman & Nicobar Islands. The revised Jurisdiction of Eastern Region is as indicated below:-
|Sl. No.||Region in which registered office of the issuer falls||Jurisdictions covered in this region||Name and address of the office of the Board where draft offer document/offer document is required to be filed|
|Estimated issue size of upto Rs. 500 crore|
|i.||Eastern Region||Assam, Bihar, Manipur, Meghalaya, Nagaland, Orissa, West Bengal, Tripura, Arunachal Pradesh, Mizoram, Jharkhand, Andaman & Nicobar Islands and Sikkim||SEBI Eastern Regional Office, 3rd Floor, L & T Chambers, 16 Camac Street, Kolkata – 700 017|
3. The amendments made vide this circular shall come into effect for all draft offer documents for issues which are filed with SEBI on or after August 27, 2012.
4. The above are specified in exercise of the powers conferred under section 11 read with section 11A of the Securities and Exchange Board of India Act, 1992. This circular is available on SEBI website at www.sebi.gov.in under the categories “Legal Framework” and “Issues and Listing”.