SEBI - Corporate Law Reporter

Securities and Exchange Board Of India (Intermediaries) (Amendment) Regulations, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, May 25, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 25th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA(INTERMEDIARIES) (AMENDMENT) REGULATIONS, 2016 No.SEBI/ LAD-NRO/GN/2016-17/006.─In exercise of the powers conferred under section 30 of the Securities and Exchange… Read More

Securities and Exchange Board Of India (Issue and Listing of Nonconvertible Redeemable Preference Shares) (Amendment) Regulations, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, May 25, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 25th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA(ISSUE AND LISTING OF NONCONVERTIBLE REDEEMABLE PREFERENCE SHARES) (AMENDMENT) REGULATIONS, 2016 No.SEBI/ LAD-NRO/GN/2016-17/005.─In exercise of the powers conferred under… Read More

Securities and Exchange Board Of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, May 25, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 25th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA(ISSUE AND LISTING OF DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2016 No. SEBI/ LAD-NRO/GN/2016-17/004.─In exercise of the powers conferred under section… Read More

Guidelines for public issue of units of InvITs

CIRCULAR CIR/IMD/DF/55/2016 May 11, 2016 To All Infrastructure Investment Trusts (InvITs) All Parties to InvITs All Stock Exchanges All Merchant Bankers Dear Sir / Madam, Sub: Guidelines for public issue of units of InvITs 1. SEBI (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”)provides as under: a) Regulation 14(6) states that ‘The Board may specify by… Read More

Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits

CIRCULAR SEBI/HO/MRD/DRMNP/CIR/P/2016/54 May 04, 2016All recognized Clearing Corporations and Stock Exchanges Dear Sir / Madam Subject: Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits 1) SEBI notified Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, (hereinafter referred to as 'SECC' Regulations,… Read More

SEBI publishes FAQs for refund in the matter of PACL

PR No. 86/2016 SEBI publishes FAQs for refund in the matter of PACL Hon’ble Supreme Court vide its Order dated February 02, 2016, in the matter of PACL Ltd. vs Securities and Exchange Board of India (Civil Appeal No. 13394/2015) and other connected matters has constituted a committee under the chairmanship of Hon’ble Justice (Retd.) R.… Read More

Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

CIRCULAR SEBI/HO/CFD/DCR1/CIR/P/2016/52 May 02, 2016 To All Listed Entities All Recognised Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. SEBI vide circular No. SEBI/CFD/DCR/SAST/1/2011/09/23 dated September 23, 2011 has, inter alia, prescribed the format for report to be furnished to stock… Read More

Disclosure of Proprietary Trading by Commodity Derivatives Broker to Client and “Pro – account” Trading terminal

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/49 April 25, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges and their members Dear Sir / Madam, Sub: Disclosure of Proprietary Trading by Commodity Derivatives Broker to Client and “Pro - account” Trading terminal 1. In order to increase the transparency in the dealings between the stock… Read More

Foreign Investment in units by SEBI regulations

RBI/2015-16/377 A.P. (DIR Series) Circular No. 63 April 21, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Foreign Investment in units issued by Real Estate Investment Trusts, Infrastructure Investment Trusts and Alternative Investment Funds governed by SEBI regulations Attention of Authorised Dealers Category – I (AD Category - I) banks is invited… Read More

Electronic book mechanism for issuance of debt securities on private placement basis

CIRCULAR CIR/IMD/DF1/48/2016 April 21, 2016 To All Recognized Stock Exchanges Issuers intending to issue debt securities Merchant Bankers and brokers registered with SEBI Dear Sir / Madam, Sub: Electronic book mechanism for issuance of debt securities on private placement basis 1. SEBI (Issue and Listing of Debt Securities) Regulations, 2008, govern public issue of debt… Read More

FAQs on SEBI (Delisiting Of Equity Shares) Regulations, 2009

FREQUENTLY ASKED QUESTIONS ON SEBI (DELISITING OF EQUITY SHARES) REGULATIONS, 2009 These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Delisting of Equity Shares) Regulations, 2009 [“Delisting Regulations, 2009”]. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding… Read More

Public Announcement for the Attention of the public Shareholders Of DFM Foods Limited

PUBLIC ANNOUNCEMENT UNDER REGULATION 15(1) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF DFM FOODS LIMITED OPEN OFFER FOR ACQUISITION OF 26,10,836 EQUITY SHARES (AS DEFINED BELOW) FROM THE EQUITY SHAREHOLDERS OF DFM FOODS LIMITED (“TARGET COMPANY”) BY ARAVALI INVESTMENT HOLDINGS (“ACQUIRER”) ALONG WITH… Read More

Discussion Paper on Distribution of Cash benefits through Depositories

Consultation Paper on Distribution of Cash Benefits through Depositories For investments in various securities, investors receive cash benefits such as dividend, interest and redemption payments. At present, cash benefits are distributed directly by issuer companies to the investors mostly through their Registrar and Transfer Agents (RTAs). Though this model has worked fine, there is further… Read More