Dividend distribution policy for listed companies SEBI Board approved the proposal for the top 500 listed companies (by way of market capitalization) to formulate and disclose their dividend distribution policies in the annual reports and on their websites. Such policy may include: a) The circumstances under which their shareholders can or cannot expect dividend; b)… Read More »
Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/55/2016 … Read More »
CIRCULAR CIR/IMD/DF/55/2016 Dated May 11, 2016 issued by SEBI ( Guidelines for public issue of units of InvITs) Application and Abridged version of the offer document. (1) The application form and the abridged version of the offer document as stated in Regulation 14(4)(n) of the InvIT Regulations for the issue shall be prepared by the… Read More »
SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS 2009 CHAPTER III : PART IV PART IV – RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. Date of commencement of lock in and inscription of non-transferability. 35. (1) Save as otherwise provided in this Chapter, specified securities held by promoters and persons other than promoters shall… Read More »
SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS 2009 CHAPTER III : PART III PROMOTERS’ CONTRIBUTION Minimum promoters’ contribution. 32. (1) The promoters of the issuer shall contribute in the public issue as follows: (a) in case of an initial public offer, not less than twenty per cent. of the post issue capital; (b) in… Read More »
Section – 23JA, Securities Contracts (Regulation) Act, 1956 ( Inserted by the Securities Laws (Amendment) Act, 2014, w.r.e.f. 20-4-2007) 23JA. (1) Notwithstanding anything contained in any other law for the time being in force, any person, against whom any proceedings have been initiated or may be initiated under section 12A or section 23-I, may file… Read More »
Security & Exchange Board of India CIRCULAR SEBI/HO/MRD/DRMNP/CIR/P/2016/54 Dated: May 04, 2016 All recognized Clearing Corporations and Stock Exchanges Dear Sir / Madam Subject: Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer… Read More »
Securities and Exchange Board of India CFD/DIL3/CIR/P/2016/53 May 03, 2016 To All Recognised Stock Exchanges Dear Sir/Madam, Sub: Procedure to deal with cases prior to April 01, 2014 involving offer / allotment of securities to more than 49 and up to 200 investors in a financial year. 1. SEBI, vide circular No. CIR/CFD/DIL3/18/2015 dated December… Read More »
Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DCR1/CIR/P/2016/52 May 02, 2016 To All Listed Entities All Recognised Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011… Read More »
Securities and Exchange Board of India PRESS RELEASE PR No. 77/2016 Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) was issued on August 24, 2015 under regulation 11 of the PIT Regulations providing guidance to the market to remove… Read More »