SEBI has introduced the issue summary document for filing papers pertaining to IPO and for further issue of securities in XBRL format which   will be done in a phased manner starting_______ 

Solution

  SEBI has introduced the issue summary document for filing papers pertaining to IPO and for further issue of securities in XBRL format, a move that will help provide data to stakeholders in a structured manner. This is part of the SEBI’s effort to make available relevant information at the stock exchanges and depositories in a structured manner.   The rollout of the Issue Summary Document (ISD) will be done in a phased manner starting March 1, 2023. XBRL (Extensible Business Reporting Language) is a language for the electronic communication of business and financial data used for business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information.