Amendments made to SEBI’s important regulations

• SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2015

 

The Board has come out with certain alterations in Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, by making amendments in the  following regulations: ”€

 

1.       i.        After Regulation 17, a new regulation shall be inserted, namely “Right to recall or redeem prior to maturity (Regulation 17A).

 

1.      ii.        After Regulation 20, a new regulation shall be inserted, namely, “Consolidation and re-issuance (Regulation 20A).

 

1.     iii.        In Schedule I, in paragraph 3, in sub-paragraph B, in clause (a) certain words have been substituted.

SEBI (Issue & Listing of Debt Securities) Amendment Regulations, 2015

• SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2015

 

The Board has made amendments in the following regulations of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, namely:-

 

1.       i.        In regulation 4, in sub-regulation (3)
2.      ii.        In regulation 54, in sub-regulation (7)

 

SEBI (Issue of Capital & disclosure Requirements) Amendment regulations, 2015

• SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) (AMENDMENT) REGULATIONS, 2015

 

The Board has made amendments in the following regulations of the Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998, namely:-

 

1.       i.        In regulation 9, after sub-regulation (3), sub-regulation”3Ashall be inserted.

 

SEBI (Buy Back of Securities) Amendment Regulations, 2015

• SECURITIES AND EXCHANGE BOARD OF INDIA (DELISTING OF EQUITY SHARES) (AMENDMENT) REGULATIONS, 2015

 

The Board has made amendments in the following regulations of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, namely:-

 

1.       i.        In regulation 2, sub-regulation (1), after clause (iv) clause”(iva)shall be inserted.
2.      ii.        In regulation 2, sub-regulation (2).
3.     iii.        In regulation 4.
4.     iv.        In regulation 8.
5.      v.        In regulation 10.
6.     vi.        In regulation 11.
7.    vii.        In regulation 12, sub-regulation (1).
8.   viii.        In regulation 13.
9.     ix.        In regulation 14, sub-regulation (2).
10.      x.        In regulation 15.
11.     xi.        In regulation 16.
12.    xii.        In regulation 17.
13.   xiii.        In regulation 18.
14.  xiv.        In clause (a) of sub-regulation (2) of regulation 19
15.   xv.        After regulation 25, regulation “25A-Power to relax strict enforcement of the regulations shall be inserted.
16.  xvi.        In regulation 27.
17. In regulation 31, sub-regulation (2)
18. In schedule I, after para 16, “16Ashall be inserted.
19.  xix.        In Schedule II, After para 11 , para 11Ashall be inserted &  para 12 shall be substituted.

 

SEBI (Delisting of Equity Shares) Amendment Regulations, 2015

• SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) (AMENDMENT) REGULATIONS, 2015

 

The Board has made amendments in the following regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, namely:-

 

1.       i.        After Regulation 5, regulation “5A shall be inserted, namely Delisting offer.
2.      ii.         After sub-regulation (6) of regulation 18, regulation (6A) shall be inserted.
3.     iii.        In sub-regulation (1) of regulation 22 after the first proviso, a new proviso has been inserted.

SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2015