SEBI vide Circular no. SEBI/ HO / MIRSD3 / CIR / P / 2016 / 0000000085 dt. 15.09.2016, with regard to the clarification sought by investors for clause 2 of Annexure-A of Circular no. CIR/MIRSD/10/2013 dated October 28, 2013, modified the said clause regarding Documentary requirement for securities held in physical mode. Following changes are undertaken […]

SEBI vide Circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dt. 07.09.2016 imposed following Restrictions on Promoters, Whole-Time Directors of Compulsorily Delisted Companies to ensure effective enforcement of exit option to the public shareholders: They shall not directly or indirectly access the securities markets for a period of 10 years from the date of compulsory delisting. Promoter shall acquire delisted […]

SEBI vide Circular no. SEBI/HO/IMD/DF2/CIR/P/2016/68 dt. 10.08.2016 revising various provisions of Mutual Funds. Previously, on annual basis, AMCs are required to obtain Auditor’s certification on the voting reports being disclosed by them on a quarterly basis. It has now decided with immediate effect that AMCs are required to obtain certification from “scrutinizer” in terms of […]

SEBI vide Circular no. CIR/IMD/DF1/69/2016 dt. 10.08.2016 and in continuation of Circular dt. 05.07.2016, Revised formats for Financial Results & Implementation of Ind AS by listed entities which have listed their debt securities and/or non-cumulative redeemable preference shares. Coverage: Formats for disclosure of half yearly & annual financial results: The existing formats shall continue till […]

Securities and Exchange Board of India (SEBI), has notified SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2016 vide Notification No. SEBI/LAD-NRO/GN/2016-17/008 dated 08/07/2016, published in the Official Gazette on 17.06.2016, which has inserted ‘Regulation 43A- Dividend Distribution Policy’ after Regulation 43. Key Highlights of the Regulation 43A are as under: Initial Applicability: Top 500 […]

Securities and Exchange Board of India (SEBI) vide its Circular no.CIR/CFD/FAC/62/2016 dated July 05, 2016 Revised Formats for Financial Results and issued directions relating to Implementation of Ind-AS by Listed Entities. The said Circular is available at the following link: SEBI circular dt. 05.07.2016 revised format for financial results

Securities and Exchange Board of India (SEBI), vide Circular No. CIR/CFD/CMD/56/2016 dated 27/05/2016, has put in place a mechanism to review the audit qualifications contained in the audit reports of the listed entities, in continuation of its Notification No. SEBI/ LAD-NRO/GN/2016-17/001, dated 25/05/2016; To make the listed entities disseminate the cumulative impact of all the audit […]

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/006 dated 25/05/2016 issued the Securities and Exchange Board of India (Intermediaries) (Amendment) Regulations, 2016, thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”etc. The said Amended Regulation can be accessed at the following link:SEBI_Intermidiaries Amendment Regulation_2016-dt 25.05.16

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/005 dated 25/05/2016 issued the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Redeemable Preference Shares) (Amendment) Regulations, 2016 thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”, disclosures relating to willful defaulter etc. The said Amended Regulation can be accessed at the […]

SEBI vide Notification No. SEBI/LAD-NRO/GN/2016-17/004 dated 25/05/2016 issued the Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2016, thereby making some amendment in existing Regulation such as insertion of definition of “Wilful Defaulter”, disclosures relating to willful defaulter etc. The said Amended Regulation can be accessed at the following link:SEBI_Issue […]