SEBI has issued on September 11, 2020, a consultation paper recommending amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (hereinafter referred to as “Listing Regulations”) which have wide-spread ramifications. Before making the amendments operational, SEBI has elicited responses from the stakeholders on the proposal's latest by October 11, 2020, so that these could be considered before implementation of the recommendations. <h..
The Securities and Exchange Board of India (SEBI) on Friday 11th Sep 2020 announced a detailed structure for multi-cap Mutual Funds. How these changes in Multi cap funds impact you as an Investor? What is the opportunity in Direct Equity in Mid and Small cap? What action is to be taken in response to this announcement? Do we need to change portfolio allocation? Do we stop SIP in Multi cap funds? We answer all the above questions for you in the most simplistic manner. ..
Sustainability Reporting Standards Board The Institute of Chartered Accountants of India September 10th, 2020 ANNOUNCEMENT Invitation of Comments on SEBI Consultation Paper on The Format for Business Responsibility and Sustainability Reporting In November 2018, the Ministry of Corporate Affairs (MCA) constituted a committee for finalising busin..
Overview Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/168 issued and publish dated 09th September, 2020, has published - Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 - System driven disclosures.” in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with regulations 4(3) and 11 of t..
Guidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018 The Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018, [Regulations] provide for appointment of Insolvency Professionals (IPs) as Administrators for the purposes specified therein. A cop..
These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Buy-back of Securities) Regulations, 2018 ['Buyback Regulations']. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding opinion/guidance from the Securities and Exchange Board of India ['SEBI']. For full particulars of laws governing the buyback of securities, please refer to actual text of the ..
SEBI has issued a notification dated 17th July, 2020 on Amendment to SEBI (Prohibition of Insider Trading) Regulations, 2015 effective from aforesaid date. We give below a summary of the major amendments, for your information: I. Structured Digital Database (SDD) Regulation 3 (5) (Communication or procurement of unpublished price sensitive information)has been substituted. <..
MSMEs/SMEs have proved to be the backbone of the Indian economy. They play a significant role in generating employment and aids in development of rural areas through setting up of industries. Small and medium enterprise (SME) in India can raise money through Initial Public Offering (IPO) and get listed at the Stock Exchanges. BSE and NSE are two such SME Exchange platforms which helps in raising funds from capital markets for such enterprises. Let us discuss the Eligibility ..
Securities Exchange Board of India (SEBI) vide Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/147dated 03rd August, 2020 issued in exercise of powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 has come out with Procedural Guidelines for Proxy Advisors to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. The Circular is issued to: • All SEBI registered Proxy Advi..
Frequently Asked Questions on the SEBI Settlement Scheme, 2020 - One Time Settlement Scheme issued by the Securities Exchange of India on 27th July, 2020. The Securities Exchange Board of India has introduced a new scheme vide Public Notice dated 27th July, 2020 called Settlement Scheme ("the Scheme") in terms of Regulation 26 of SEBI (Settlement Proceedings) Regulations 2018. Under the SEBI Settlement Scheme, 2020 as laid out in the Public Not..
CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/140 July 29, 2020 To All listed entities All Recognized Stock Exchanges Madam / Sir, Sub: Extension of time for submission of financial results for the quarter/half year/ financial year ended 30th June 2020 1. SEBI, vide circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/106 dated June 24, 2020, had extended the timeline for submission of finan..
Securities Exchange Board of India (SEBI) vide Public notice dated 27thJuly, 2020 has issued Public notice in respect of SEBI-Settlement Scheme 2020 to provide one time settlement opportunity to the entities that have executed trade reversals in the stock options segment of BSE during the period from April 1, 2014 to September 30, 2015 against whom any proceedings are pending. • Reason behind this Settlement Scheme </..