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Sebi introduces audio-visual representation of disclosures in offer documents for public issues
The move is meant to help investors have an easier understanding of key features of an offer. The AVs, initially in bilingual formats, will be placed in the public domain for all main board public issues. This framework will be applicable to all DRHP filed with Sebi on or after July 1 on a voluntary basis and from October 1 onwards on a mandatory basis.