Section 62: General conditions

Q: What does Section 62 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) deal with?

Section 62 ICDR Regulations pertains to "General conditions". It is part of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 62 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs general conditions. As verified on 22 May 2026.

Q: Is Section 62 ICDR Regulations still in force?

Yes, Section 62 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 62 ICDR Regulations?

धारा 62 ICDR Regulations is the Devanagari Hindi reference for Section 62 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 62 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs general conditions. As verified on 22 May 2026.

Q: What is Dhara 62 ICDR Regulations?

Dhara 62 ICDR Regulations is the Roman Hindi reference for Section 62 of the The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 62 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) governs general conditions. As verified on 22 May 2026.

Q: How to cite Section 62 of The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 62, The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, 2018, § 62 (India).

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(1)

The issuer making a rights issue of specified securities shall ensure that:

(2)

The amount for general corporate purposes, as mentioned in objects of the issue in the draft letter of offer and the letter of offer, shall not exceed twenty five per cent. of the amount raised by the issuer.

(3)

Where the issuer or any of its promoters or directors is a wilful defaulter, the promoters or promoter group of the issuer shall not renounce their rights except to the extent of renunciation within the promoter group.

(4)

[ Where the issuer has issued SR equity shares to its promoters or founders, then such a SR shareholder shall not renounce their rights and the SR shares received in a rights issue shall remain under lock-in until conversion into equity shares having voting rights same as that of ordinary equity shares along with existing SR equity shares.] [Inserted by Notification No. SEBI/LAD-NRO/GN/2019/29, dated 29.7.2019.]