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You are advised to bring to the notice of all members that those members who have failed to comply with the 50% facility by March 31, 2003 and for whom collection of fees has not been stayed by any Court of law.
)communicate to SEBI, the status of the implementation of the provisions of this circular in Section II, item no. 13 of the Monthly Development Report for the month of June 2003.
The exchanges are directed to bring the provisions of this circular to the notice of the companies listed on the exchange, the member brokers/clearing members of the exchange and also to disseminate the same on the website for easy access to the investors.
to bring the provisions of this circular to the notice of the member brokers/clearing members of the Exchange and also to disseminate the same on the website.
The Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, the Principal Regulations were published in the Gazette of India on December 9, 1996 vide S.O. No. 856(E).
The undersigned has been authorised to direct the stock exchanges to make necessary amendments to the bye-laws, rules and regulations for the implementation of the above decision immediately.
The undersigned has been authorized to direct the exchanges to make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately.
requirement of filing of specific documents/statements applicable to further 500 companies, selected on the basis of market capitalization and turnover, the list of which is enclosed.
In this regard, SEBI had received representations from some stock exchanges expressing their inability to compute the mean impact cost calculations at their exchanges and sought the permission to use the impact cost calculations of NSE/ BSE.
This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.