SEBI Revises Formats of Declaration under Regulation 31 of SEBI (SAST) Regulations, 2011
Regulations 31 of the SEBI(Substantial Acquisition of Shares and Takeover) Regulations, 2011 requires promoters of target company to make certain disclosures about their encumbered shares in the prescribed formats. In this regard, so as to ensure that adequate disclosures are made to help investors in taking an informed decision, SEBI modified the formats for disclosures under the said […]
SEBI (Prohibition on Raising Further Capital From Public and Transfer of Securities of Suspended Companies) Order, 2015.
SEBI with a view to protect the interest of the investors of Companies whose shares are suspended from trading issued a order by the name SEBI (Prohibition on Raising Further Capital form Public and Transfer of Securities of Suspended Companies) Order, 2015. SEBI (Prohibition on Raising of Further Capital from Public & Transfer of Securities […]
Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism
SEBI has been taking steps to encourage retail investors to participate in the Offer For Sale (OFS). In order to enhance more retail participation in the OFS process and to simplify the bidding process for retail investors, it has been decided that: OFS notice shall continue to be given latest by 5 pm on T-2 […]
SEBI issues Circular stating Requirements under the SEBI (Share Based Employee Benefits) Regulations, 2014
SEBI on Tuesday, 16th June, 2015 issued a Circular stating the Requirments as required under SEBI (Share Based Employee Benefit) Regulations, 2014. The said regulations were notified by SEBI on 28th October, 2014. The said Circular can be accessed at the following link: SEBI Circular No. CIR/CFD/POLICY CELL/2/2015 dated 16th June, 2015
E-IPO Norms by the end of this month: SEBI
SEBI is likely to come out with detailed guidelines on electronic initial public offers (e-IPOs), where investors can bid for shares via internet by the end of this month. SEBI board is to consider the final norms on e-IPOs that are finalized on the basis of suggestions received from various stakeholders on the draft placed […]
SEBI’s clairficatory circular on grant of registration to FVCI as FPI.
SEBI on Friday, 12th June, 2015 issued a clarificatory circular on registration of Foreign Venture Capital Investors (FVCI) as Foreign Portfolio Investors (FPI), as clarity on the same was sought by Designated Depository Participants (DDP). SEBI clarified that as per the SEBI (Foreign Portfolio Investors) Regulations, 2014 & SEBI (Foreign Venture Capital Investors) Regulations, 2000 […]
SEBI Circular: Database on Distinctive Number(DN) of Share
SEBI on Friday came out with a Circular requiring Issuer/RTAs/Depositories to maintain a Database of the distinctive number of Issued Capital of Listed Companies (Physical & Demat Share) and also to reconcile the same as and when there is any mismatch in the database. The database shall include the following information – Distinctive Numbers (From) […]