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SEBI : SEBI has introduced significant reforms by reclassifying REITs as equity instruments and easing operational rules for InvITs. The ...
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CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
SEBI : SEBI proposes amendments to the Municipal Debt Securities Regulations to encourage retail participation through investor incentive...
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SEBI : In Re Udit Todi & 13 Others (Securities and Exchange Board of India) Capital markets regulator Sebi on Monday barred 14 enti...
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SEBI : SEBI has amended the framework for handling clients' unpaid securities by introducing direct demat pay-out with auto-pledge throug...
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SEBI : SEBI has proposed a unified advertisement framework replacing multiple entity-specific codes with a Common Advertisement Code. The...
As per the information provided by both the depositories the list of scrips that have established connectivity with them as on September 30, 2001 is given in annexure ‘A’ (serial no. 01 to 3244) These scrips would be traded in the normal rolling settlement mode with effect from December 31, 2001.
The issue was discussed with the other exchanges i.e NSE, CSE, DSE, ASE and the UPSE. They have stated that there would not be any problem if the rolling settlement in the remaining scrips were to commence from Monday, December 31, 2001 uniformly across exchanges.
the concept of independent directors on the Boards of asset management companies (AMCs) and trustee companies has been introduced in SEBI (Mutual Funds) Regulations, 1996 for better corporate governance,
corresponding Circulars issued by SEBI/GOI etc. have been made. It may be seen that while there may be a variation in language in the Model Rules, for most of Rules in Part A, however the basic principle underlying the Model Rules
The Board, in its meeting held on April 07, 2000, considered and approved certain modifications in the book building guidelines in order to introduce the facility of 100% book building for companies desirous of coming out with a public issue.
To avoid such situations the Companies are advised to mandatorily print the bank accounts details furnished by the Depositories, on the payment instruments. The Depositories and the Stock Exchanges are therefore advised to instruct the companies / issuers accordingly.
It is further advised that at present only some of the companies print the bank account details of the investors on the warrants (payment instrument), for distribution of dividends and other cash benefits etc,. There are some companies, which are not printing the bank account details on the payment instruments. SEBI has also received complaints about fraudulent encashment of the dividend and other cash benefit instruments.
The Stock Exchanges are required to submit Monthly Development Reports within seven days from the close of each month as per SEBI circular No. SMD/1688/96 dated April 30, 1996.
In order to maintain symmetry between Futures and Options Contract on the same underlying, the lot size of the option contract and the multiplier for the futures contract shall remain the same for the given underlying.
These instructions are issued under regulation 20 of SEBI (Foreign Institutional Investors) Regulations, 1995 and shall come in force with effect from the month of October 2001.