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IFSCA releases 3 IFSCA Banking Handbook

August 13, 2021 1209 Views 0 comment Print

With a view to further enhancing ‘ease of doing banking business’, the Authority is hereby issuing the IFSCA Banking Handbook (`Handbook’) which will act as a compendium of all the detailed directions of the Authority to the IBUs operating in GIFT IFSC and to the Banking Companies incorporated in India or outside India looking to set up an IBU as a branch in GIFT

Not to call Physical documents for non-revenue bearing amendments in BE

August 13, 2021 897 Views 0 comment Print

Both in case of non-revenue bearing amendments like correcting any spelling mistakes, LCL/FCL, change in Container No. etc. or revenue bearing amendments, the Assessing Groups shall not call for physical documents, and amendment approval should be decided on the basis of supporting documents uploaded on E-sanchit.

SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2021

August 13, 2021 17931 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2021. 2. They shall come into force from April 1, 2022.

SEBI (Depositories and Participants) (Amendment) Regulations, 2021

August 13, 2021 2046 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2021

August 13, 2021 3723 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Alternative Investment Funds) (Fourth Amendment) Regulations, 2021

August 13, 2021 2805 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette:

SEBI (Share Based Employee Benefits And Sweat Equity) Regulations, 2021

August 13, 2021 9699 Views 0 comment Print

(1) These regulations may be called the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Manual filing of disclosures under SEBI PIT Regulations not mandatory now

August 13, 2021 3837 Views 0 comment Print

Listed companies who have complied with requirements of the circular dated September 09, 2020, the manual filing of disclosures as required under Regulation 7(2) (a) & (b) of PIT Regulations is no longer mandatory.

Listed entities to disclose shareholding, segregated into promoter(s) & promoter group

August 13, 2021 2604 Views 0 comment Print

n the interest of transparency to the investors, all listed entities shall now provide such shareholding, segregated into promoter(s) and promoter group.

Revised procedure for tendering & settlement of shares through Stock Exchange

August 13, 2021 2010 Views 0 comment Print

Under the existing mechanism, the shares tendered by the shareholders are required to be directly transferred to the account maintained by the clearing corporation and different tendering processes are being adopted by Depositories. Such transfer involves systematic risk, substantial time and cost.

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