Sebi tightens disclosure norms for promoters

On Satyam scam, Bhave said the regulator is reviewing the progress of the investigations and it is also investigating the details of Satyam's bank deposits

Tightening the norms after the Satyam scam, the market regulator, Sebi, said it would be mandatory for promoters of listed companies to disclose pledging of shares. This would be mandatory with effect from December 31. 

Making the announcement, Sebi chief CB Bhave said the disclosures would be event based as well as periodical. He added that unlisted companies would not need to share their share the pledge details.

The market regulator would make necessary changes to the listing agreement to make the new norms mandatory.

 

 

 

.

 

Bhave added that Sebi has already questioned the auditors and the finance department of Satyam but it has not been able to question Satyam founder B. Ramalinga Raju yet.

Replies (4)

pledging of shares. This would be mandatory with effect from December 31. 

Making the announcement, 

 

i want to know -MORE about this -i am very thankfull if you post some MORE knowledgeable post here.

thanks for sharing

What do you mean to say that it is not knowleadgeble ??? I posted here to assist those who are auditing Listed companies so that they can know and make client informed about disclosure required to be needed in near future.

Don't make this platform for fighting with each other and commit the same mistake of our earlier

Kings did,Knowledge No longer monopoly of any single Individual.Even our student sharing knowledge with Us must be appreceated spirit of contributing hereby.

May be subject in which Shailesh master would not count that as knowledgable articles but other may like it.

 Oh no –miss understanding--dear prakash somani-------here i think i wrongly write what i want to say----

I know less about on this topic --so I want to know more FROM  you -as you are expert in this field--------------I have corrected some word see above-which I forget to add---------------.see my previous reply above 

Don't take otherwise I always like your post and one of admire of you -your post always enlightened me 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details