SEBI - Page 302

SEBI : Amendment of Clauses 40A and B of Listing Agreement of stock exchanges.

SMD/POLICY/CIR-22/97 (22/09/1997)

When any person acquires or agrees to acquire any securities beyond 5% of the voting capital, the acquirer and the company shall comply with the relevant provisions of the SEBI (Substantial Acquisition of Shares Takeovers) Regulations, 1997. ...

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SEBI : Warehousing of Trades by Institutional ClientsPlease refer to SEBI circular no

SMD/POLICY/CIR-29/97 (13/09/1997)

You may bring this to the notice of your members, however, warehousing of transactions may be permitted only after the exchange has modified its trading software to comply with the above conditions. ...

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SEBI : RBTI(G I Series) Circular No. 1 (97-98) September 01, 1997

Circular No. 1(97-98) (01/09/1997)

n exercise of the powers conferred under Section 11 of the SEBI Act, 1992 as also in implementation of the SEBI (Bankers to an Issue) Rules and Regulations, 1994, all bankers to an issue are hereby advised to affix date stamp alongwith a continuous serial number generated by an automatic numbering machine ...

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SEBI : RBTI (G I Series) Circular No.1(97-98)

Circular No. 1(97-98) (01/09/1997)

In exercise of the powers conferred under Section 11 of the SEBI Act, 1992 as also in implementation of the SEBI (Bankers to an Issue) Rules and Regulations, 1994, all bankers to an issue are hereby advised to affix date stamp alongwith a continuous serial number generated by an automatic numbering machine...

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SEBI : Amendments to Procedure for operation of Bad Delivery Cell (BDC).

SMD/POLICY/CIR- /97 (20/08/1997)

It has therefore been decided that in cases of Company Objection due to fake/forged/stolen shares, the Clearing House/Clearing Corporation may compulsorily put the shares for Auction, and if necessary Close-out, and no opportunity for rectification may be given to the Introducing Broker...

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SEBI : Compliance Test Formats

IIMARP/MF/CIR/14/1570/97 (18/08/1997)

SEBI : Compliance Test Formats...

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SEBI : SMD/POLICY/CIR-20/97

SMD/POLICY/CIR-20/97 (12/08/1997)

This procedure shall be implemented immediately from the month of September 1997 and the Monthly status report should be sent before 5th of every month. These reports shall be sent by different Stock Exchanges to respective Regional Offices of SEBI....

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SEBI : SMD/POLICY/CIR-19/97

SMD/POLICY/CIR-19/97 (11/08/1997)

The successful applicants of new issues will be issued share certificates / instruments for eligible number of shares in tradeable lots. The minimum tradeable lot, in case of shares of face value of Rs. 10/- each, shall at the option of the issuer/offeror, be fixed on the basis of offer price...

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SEBI : SMD/POLICY/CIRCULAR/18 /97

SMD/POLICY/CIRCULAR/18 /97 (04/08/1997)

This is with reference to the reporting of complaints against Sub brokers by the stock exchanges. For monitoring the complaints redressal mechanism more effectively, has been decided that stock exchanges shall send a Monthly Status Report of Complaints against Sub brokers in enclosed format instead of sending replies on case to case basis...

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SEBI : SMD/POLICY/CA/cir-17/97

SMD/POLICY/CA/cir-17/97 (31/07/1997)

It has been represented to SEBI that a number of members, particularly those doing jobbing and arbitrage business are finding it difficult to maintain the incremental base minimum capital in the form prescribed by SEBI. ...

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Latest SEBI News

Get the Latest News on SEBI from Taxguru. Read all the relevant SEBI circulars, updates to SEBI Act and SEBI Regulations exclusively at Taxguru.

SEBI (Securities and Exchange Board of India) was established in 1988 as a non-statutory body to regulate the Indian securities market. On April 12th, 1992, the Government of India made SEBI an autonomous body and offered statutory powers by passing the SEBI Act 1992 in the Parliament. SEBI is the regulator for the Indian securities market and has three major functions:  quasi-judicial, quasi-legislative and quasi-executive.

With the increase in the number of dealings in the Indian stock markets, a lot of malpractices was seen like price rigging, the unofficial premium on a new issue, delay in shares delivery, violations with respect to rules and regulations of the stock exchange and the listing requirements. With all such malpractices in place, the customers were losing their faith and confidence in the Indian stock exchange. Hence, the Indian government decided to set up a regulatory body or an agency known as SEBI (Securities Exchange Board of India).

SEBI drafts the regulations in the legislative capacity, it conducts investigations and enforces actions as per its executive function and it also passes orders and rulings as per its judicial capacity.The Indian Government has been vested SEBI with the following powers:

  • for approving the by−laws of stock exchanges.
  • requiring the stock exchange for amending their by−laws.
  • inspecting the books of accounts and calling for periodical returns from the recognized stock exchanges.
  • inspecting the books of accounts of the financial intermediaries.
  • compelling companies for list their shares on stock exchanges.
  • registration brokers.

At Taxguru, we bring you all the recent and the latest news on SEBI and SEBI regulations. Our panel of experts publishes SEBI circulars as and when there are any developments. Find out all the trending and latest SEBI news here at Taxguru. Get to know more about SEBI Act and SEBI regulations with blogs and articles published by our experts.