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It is observed from the information provided by the depositories that the companies listed in Annexure ‘A’ have established connectivity with both the depositories on or before 30.11.2006
Provided that any mutual fund which is not in compliance with sub-regulations (3) or (4) as at the commencement of the Securities and Exchange Board of India
a Foreign Institutional Investor or a sub-account, shall, subject to such instructions as may be issued by the Board, deliver or cause to be delivered only securities in dematerialized form for settlement its transactions undertaken on a recognised stock exchange,
Pursuant to the enhancement in overseas investment limits by RBI, it has now been decided that mutual funds can invest in ADRs/GDRs/Foreign Securities within overall limit
all persons appointed as President or Vice-President or Members of the Central Listing Authority and holding office immediately before such repeal shall vacate their office upon such repeal;
The aforesaid limits for foreign investment in respect of recognised stock exchanges shall be subject to the limit of 5% shareholding by any person, directly or indirectly, as prescribed under the Securities Contracts
bring the provisions of this circular to the notice of the member brokers/clearing members of the exchange/listed companies and also to disseminate the same on their websites;
.Enclosed please find a copy of the gazette notification no. S.O.1860 (E) dated October 31, 2006 pertaining to SEBI (Custodian of Securities) (Second Amendment) Regulations 2006 for your information and necessary action.
The Stock Exchange shall ensure that the amount realised by the auction / close-out of the card / realisation of assets of the defaulter members are credited to the IPF/CPF after satisfying the claims of the Stock Exchange
Now, after having reviewed the utilization versus the allocation of the aforementioned limits allocated among the 100% debt and 70:30 FIIs/ Sub Accounts,