At the meeting of the SEBI Board held on 01st March 2019, it was decided to revise the fee structure charged by the Regulator in certain cases considering the need to keep a balance between the transaction cost on Securities market and the financial resources required to ensure regulatory efficiency. In line with the decision taken at the meeting, SEBI has amended Schedule III of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, with respect to fee charged on filing of offer documents.
Vide the amendment, the Regulator has reduced the rate of fees payable by the issuers for one refiling of offer documents by 50% from the current levels, if the refiling is done within one year after expiry of SEBI observation letter.
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