Loan agreement having peculiar structure should be disclosed under clause 36 of the listing agreement

Vishvapradhan Commercial Pvt. Ltd. Vs Securities and Exchange Board of India (Securities Appellate Tribunal Mumbai) Held that a perusal of Clause 36 of the listing agreement provides for a company to inform the exchange on immediate basis of all events which will have a bearing on the performance/ operations of the company as well as price sensitive information. Facts- A show cause notice dated December 20, 2016 was issued to show cause why suitable directions under Section 11(1) and 11(4) of the SEBI Act and Regulation 44 and 45 of the SAST Regulations, 1997 read with Regulation 32 and 35 of ...