BSE Update: Corporate Grouping of Listed Companies

BSE informed in circular No. 20231130-27 dated November 30, 2023 that in case of any change in its corporate group pursuant to any event such as Corporate Restructuring, Takeover, Merger, Demerger, Acquisition, Delisting etc., the companies have to intimate the Exchange within Two Working Days of the Effective Date of the change through email.

BSE has now introduced online facility for filling of information related to change in the corporate group through listing centre.

For identifying the corporate group, criteria / parameters shall, inter alia, be considered by the listed companies / proposed to be listed companies  as mentioned in the Circular.

The listed entities / or propose to list are requested to take note of the aforementioned disclosure requirements and exercise abundant precaution while identifying and intimating its Corporate Group.

Link of the Circular: 

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20240209-41

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