Introduction When a company decides to go public, attention usually gravitates towards valuation,…

A. Background: 1. The Securities and Exchange Board of India (SEBI), in coordination…

Introduction For several years, pledge of shares in dematerialised form has operated within…

A. Introduction SEBI has notified a circular dated January 30th, 2026[1] (“said circular”…

A. Introduction Regulation 40(1) has been amended vide notification dated January 20, 2026…

Introduction A Letter of Offer (LOF) is often seen as a transaction-specific document…