Upon novation of the Listing Agreement by coming into effect of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, SEBI Circular No. OIAECir-1-2009 dated 25.11.2009, be partially modified w.e.f December 01, 2015 as under:
(a) In para 1 of the Circular the phrase “as per theListing Agreement with the Stock Exchanges” shall be replaced by “as per provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, SEBI (Issue and Listing of Debt Securities) Regulations, 2008, SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 and SEBI (Public Offer and Listing of Securitised Debt Instruments) Regulations, 2008”.
(b) In para 5(b) of the Circular the words „Listing Agreement‟ shall stand deleted.
The Copy of the said circular can be accessed at the following link: SEBI Circular No. CIR-OIA-E-001-2015 dated 30.11.2015 Issue of No Objection Certificate for release of 1% of issue amount