The Bombay Stock Exchange (BSE) on August 25, 2023, issued a notification regarding the Filing of Abridged Prospectus of Public Issues in XBRL format.
The following has been stated namely: -
• The Exchange has made provision to file the Abridged Prospectus in XBRL format, in a structured manner to facilitate the consumption of data by stakeholders such as researchers, policymakers, market analysts, and market participants, in respect of Public Issues.
• The Merchant Bankers/Issuers are advised to file an Abridged Prospectus of the Issue in XBRL format with the Exchange, before opening of the Issue.
• The same shall be filed at the “Listing Centre”, the online portal of BSE for Issuers and listed Companies.
• The filing of Abridged Prospectus in XBRL format shall be applicable for all Public Issues of equity shares, opening with effect from September 01, 2023.
[Notification No. 20230825-39]
