THE GAZETTE OF INDIA
EXTRAORDINARY
PART III SECTION 4
PUBLISHED BY AUTHORITY
NEW DELHI, AUGUST 14 , 2015
SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION
Mumbai, the 14th August, 2015
SECURITIES AND EXCHANGE BOARD OF INDIA (DELISTING OF EQUITY SHARES) (SECOND AMENDMENT) REGULATIONS, 2015
No. SEBI/LAD-NRO/GN/2015-16/010.”€In exercise of the powers conferred by section 31
read with section 21A of the Securities Contracts (Regulation) Act, 1956 (42 of 1956),section 30, sub-section (1) of section 11 and sub-section (2) of section 11A of the Securities
and Exchange Board of India Act, 1992 (15 of 1992),the Board hereby makes the following
Regulations to further amend the Securities and Exchange Board of India (Delisting of Equity
Shares) Regulations, 2009, namely:-
1. These regulations may be called the Securities and Exchange
Board of India (Delisting of Equity Shares) (Second Amendment) Regulations, 2015.
2. They shall come into force on the date of their publication in the Official Gazette.
3. In the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations,
2009, in regulation 3, in sub-regulation (1), the proviso shall be substituted with the
following namely:-
“Provided that these regulations shall not apply to securities list
ed without making a public issue, on the institutional trading platform of a recognised
stock exchange.”
U. K. SINHA
CHAIRMAN
SECURITIES AND EXCHANGE BOARD OF INDIASEBI (Delisting of Equity Shares) (Second Amendment) Regulations, 2015
Footnotes:
1. The SEBI (Delisting of Equity Shares) Regulations, 2009, were published in the Gazette ofIndia on 10 June, 2009 vide No. LAD-NRO/GN/2009-2010/09/165992.
2. The Principal Regulations were subsequently amended on:
(a) October 8, 2013 by the SEBI (Listing of Specified Securities on Ins
titutional Trading Platform) Regulations, 2013 videNo. LAD-NRO/GN/2013-14/28/6720.
(b)March 24, 2015 by SEBI (Delisting of Equity Shares) (Amendment) Re
gulations,2015 vide No.LAD-NRO/GN/2014-15/27/541.
