Mumbai, Aug. 13 -- Securities & Exchange Board of India (SEBI), noted in its latest annual report that it aims to nurture the securities market ecosystem to be future-ready to navigate the dynamic market landscape and has noted a number of initiatives that it intends to undertake. SEBI has proposed to simplify the offer document preparation process by designing a template-based approach for relevant sections of an offer document.

The market regulator noted that offer documents are typically large in size and contain a lot of detailed disclosures on several aspects of an issuer company. There is a general perception that preparing an offer document is a difficult process and the information to be provided is immense and repetitive. SEBI h...