Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957
In case of scheme of arrangement by listed entities, relaxation is granted to comply with the provision of Rule 19(7) of Securities Contracts (Regulation) Rules, 1957 by amending certain provision of SEBI circular No. CFD/DIL3/CIR/2017/21.
Clarification to SEBI (IFSC) Guidelines, 2015 – Liquidity Enhancement Scheme
SEBI granted exemption to stock exchanges at IFSC from complying with clauses 5.1 and 5.2 of SEBI circular dated April 23, 2014
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 – Amendment
In order to streamline the operations at IFSC, based on the internal discussion and consultants held with the stakeholders, it was decided to amend provisions of the aforesaid guidelines.
Disclosure by listed entities of defaults on payment of interest / repayment of principal amount on loans from bank / financial institutions, debt securities, etc.
All the listed companies are required to give disclosure to all the stock exchange where the shares of the companies of listed, the disclosure of defaults occurred in payment of interest and repayment of principal amount to banks on quarterly basis. This circular will come into effective from October 1, 2017.