Does SEBI approve the contents of the issue?
It is to be distinctly understood that submission of offer document to Sebi should not in any way be deemed or construed that the same has been cleared or approved by Sebi. The lead manager certifies that the disclosures made in the offer document are generally adequate and are in conformity with Sebi guidelines for disclosures and investor protection in force for the time being. This requirement is to facilitate investors to take an informed decision for making investment in the proposed issue.
