On September 19, 2024, the National Stock Exchange of India issued a circular announcing modifications to the Announcement Module on its NEAPS platform. This update aligns with the amended Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) regulations and incorporates changes from a previous circular dated July 14, 2023. The modifications will be effective from September 21, 2024, with the existing functionality remaining unchanged. Announcements will now be categorized under Regulation 30 into sections for Para A, Para B, REITS/INVITS, and others, reflecting a more structured approach. Listed entities are advised to adhere to these new requirements when making disclosures to ensure compliance with the updated regulations. The circular emphasizes the importance of using the specified subjects for disclosures and exercising caution in the announcement process.
National Stock Exchange of India
Circular
Department: Listing
Circular Ref No: NSE/CML/2024/25
Date: September 19, 2024
To,
The Company Secretary, All Listed Entities
Subject: Modification in the Announcement Module on NSE Electronic Application Processing System (NEAPS) platform.
In addition to the Exchange Circular Ref No: NSE/CML/2023/57 dated July 14, 2023, and to bring the announcement subjects in-line with the amended Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) and SEBI Circular dated July 13, 2023, modifications are made to the announcement module under NEAPS at path NEAPS > COMPLIANCE > Announcements > Announcements/ CA.
Kindly refer below bifurcation which is based on the sub-para as per Regulation 30 read with Part A of Schedule III of SEBI LODR. The said changes will be made effective from September 21, 2024, and rest of the functionality will remain same. The subjects are bifurcated into:
- Regulation 30 – Para A
- Regulation 30 – Para B
- REITS/INVITS (as applicable)
- Others
The above subjects will further have the category bifurcated as per the headers of Para A and Para B of Part A Schedule III of SEBI LODR.
The Listed Entities are requested to take note of the aforementioned requirements, use the specific subjects for the disclosures and exercise abundant precaution while filing the disclosure/announcement under Regulation 30 of SEBI LODR.
Yours faithfully,
For National Stock Exchange of India Limited
Dhaval Shah
Senior Manager
