DCS /COMP / 28 / 2016-17 – March 30, 2017 :- MANDATORY FILING OF FINANCIAL RESULTS IN XBRL MODEBSE has vide its Circulars dated November 30, 2015, March 11, 2016, March 16, 2016 and January 18, 2017 intimated the listed companies regarding mandatory filing of information with the exchange in electronic mode. BSE has now with …
1. SCHEMES OF ARRANGEMENT BY LISTED ENTITIES AND RELAXATION UNDER SUB-RULE (7) OF RULE 19 OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957 Vide its circular no. CFD/DIL3/CIR/2017/21 dated March 10, 2017, SEBI has revised the regulatory framework to be complied with by listed entities while undertaking schemes of arrangement /amalgamation/merger /reconstruction /reduction of capital etc. …
Investments by FPIs in corporate debt securities RBI on October 24, 2016, had amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2016 through a Gazette notification to permit FPIs to invest in unlisted corporate debt and securitised debt instruments. Thereafter, RBI vide circular RBI/2016-17/138 …
A. Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2017 On 12th January 2017, SEBI has issued a notification amending the SEBI (Foreign Portfolio Investors) Regulations, 2014. Under the said notification following changes have been made: Regulation 21 – Investment restrictions: Sub-regulation 1(a) – for the words “Securities in the primary and …
SEBI (Portfolio Manager) (Amendment) Regulations, 2016Vide notification issued by SEBI dated 02nd January, 2017, a new chapter on “Eligible Fund Managers” and new schedule in relation to “Declarations for Eligible Fund Managers” were inserted governing Portfolio Managers.The provisions of the above mentioned new chapter shall apply to eligible fund managers exclusively, pertaining to their activities …
1. Enhanced Standards for Credit Rating Agencies (CRAs) SEBI constituted a committee on “Strengthening the Guidelines and Raising Industry Standards for Credit Rating Agencies (CRAs)”. The objective of the Committee was to deliberate upon measures and guidelines to bring about greater transparency in the policies of the CRAs, enhance the standards followed by the industry …
Restrictions on Promoters and Whole-Time Directors of Compulsorily Delisted Companies Pending Fulfillment of Exit Offers to the Shareholders ” In terms of Regulation 24 of the Delisting Regulations, the company which has been compulsorily delisted, its whole-time directors, its promoters and the companies promoted by any such person, shall not directly or indirectly access the …
Manner of achieving minimum public shareholding requirements in terms of SCRR, 1957With a view to facilitate listed entities to comply with the minimum public shareholding requirements within the time specified in Securities Contracts (Regulation) Rules, 1957 (“SCRR, 1957”), the following additional methods shall be available: – Rights Issues to public shareholders, with promoters/promoter group shareholders …
Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2016 dated 08th July, 2016.In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) and Section 25 of the Depositories Act, 1996, the Securities and Exchange Board of India has hereby amended …
CIRCULAR- SEBI/HO/MRD/DP/CIR/P/2016/58 June 07- 2016 Subject: Investor Protection Fund (IPF) of Depositories The Depository System Review Committee (DSRC) had examined various aspects of the depository IPF including utilization and investment policy of IPF and quantum of funds to be transferred to IPF. The Expert Committee on Clearing Corporations also deliberated the issue with regard to …
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