SEBI vide its notification dated April 27, 2022 added clarifications with respect to the applicability of amended regulations notified under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2022 and called it the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2022. It shall come into force in the following manner:

• For public issues of size upto Rs. 10,000 Crore and opening on or after April 1, 2022- w.e.f. April 1, 2022
• For public issues of size equal to or above Rs. 10,000 Crore and opening on or after April 1, 2022- w.e.f. July 1, 2022.