In order to bring greater transparency regarding reasons for encumbrance, particularly when significant shareholding by promoter along with persons acting in concert (PACs) with him is encumbered. The Securities and Exchange Board of India came up with a new Circular SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 07, 2019 which calls for add...

SEBI vide its circular dated August 07, 2019 have asked for additional disclosure w.r.t. encumbrance of shares by promoter of listed companies along with PAC, the detailed reason to be specified. The said circular will come into effective from October 1, 2019. Applicability: Combined encumbrance by Promoter + PAC is equal or exceeds 50% o...

SEBI issues a circular on 07th August 2019 on Disclosure of reasons for encumbrance by Promoters of Listed Companies to to bring greater transparency regarding reasons for encumbrance, particularly when significant shareholding by promoter along with persons acting in concert (PACs) with him is encumbered. The provisions of this circular ...

PROMOTERS HOLDING OF NON-COMPLIANT LISTED COMPANIES ABOUT TO FREEZE On 5th June 2015, SEBI has issued a Circular directing issuers/RTA to 1. Update Distinctive Number (UDN) information in respect of all physical share capital and overall DN range for dematerialized share capital for all listed companies. 2. Take all necessary steps to upd...

Corporate Governance In simple terms, the combination of the rules, regulations, practices, policies and processes required by an entity to work upon in order to create a controlled and regulated environment is called CORPORATE GOVERNANCE. The concept of Corporate Governance is important for an entity because an entity carries a responsib...

There have been a significant number of instances of abrupt resignation of Statutory Auditors from listed entities in recent times. In most of the cases, the statutory auditors have suddenly resigned without completing their assignments for the year, generally citing ‘pre-occupation’ as the reason for resignation. The Watchdog SEBI on...

Pursuant to Regulation 27(2) of SEBI Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), listed entities were required to submit a quarterly compliance report on corporate governance to the Stock Exchange....

Everyone wants to buy low and sell high in Stock Market but, why do most of the people fail? There are many influential factors. I have considered all the factors and compiled them in this article. It is advised not to just see the side-headings and move on but read the entire article. Introduction Stock […]...

Article explains Procedure For Delisting Of Shares (Infrequently Traded) under SEBI (Delisting of Equity Shares) Regulations, 2009- S.NO. REGULATION NO. PARTICULARS 1. Regulation 8 (1) (a) of SEBI (Delisting of Equity Shares) Regulations,2009 Convene a Board Meeting – The proposed delisting shall be approved by a resolution of the board...

A small business can raise capital in a number of different ways, including by selling its securities. Under the federal securities laws, every offer and sale of securities, even if to just one person, must either be registered with the Securities and Exchange Commission (SEC) or conducted under an exemption from registration. One of the ...