Thursday, November 30, 2023
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Tata Play, formerly Tata Sky, became the first company to use the confidential ‘pre-filing’ route offered by the Securities & Exchange Board of India (Sebi) to file initial public offer (IPO) documents with the regulator. The confidential pre-filing route allows companies to submit documents to the regulator for an IPO without comprising sensitive business information. The option allows companies to withhold documents from public scrutiny until an IPO is launched officially.


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