The notification introduce mandatory submission and disclosure of a draft abridged prospectus alongside offer documents across multiple stages of public issues, enhancing transparency and accessibility for investors. Depositories are now required to mark securities as ‘non-transferable’ where lock-in cannot be created. It mandate inclusion of QR codes and links in advertisements and offer-related documents to provide seamless access to key documents such as the red herring prospectus, abridged prospectus, and price band advertisements.
