SEBI News

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Sebi to auction property of PVP Global Ventures on May 12

Markets regulator Sebi will auction a property of PVP Global Ventures at a reserve price of Rs 22.55 crore on May 12, to recover dues. The property to be put on sale is a vacant land situated in Telangana, the Securities and Exchange Board of India (Sebi) said in a notice. The regulator has engaged […]

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NHAI files papers with Sebi for Infrastructure Investment Trust

The National Highways Authority of India (NHAI) on Monday filed draft papers with Sebi for floating an Infrastructure Investment Trust (InVIT) through which it seeks to raise Rs 5,100 crore. InvITs are instruments on the pattern of mutual funds and are designed to pool small sums of money from a number of investors to invest […]

CORPORATE COMPLIANCE CALENDAR APRIL 2021

Compliance Calendar for April 2021

Corporate Compliance Calendar for April 2021 Monthly Compliance Calendar for April 2021 ((Track due dates) This article contains various Compliance requirements for the Month of April, 2021 under Statutory Laws. Compliance means “adhering to rules and regulations.” Compliance is a continuous process of following laws, policies, and regulations, rules to meet all the necessary governance […]

Framework for reclassification of promoter/ promoter group entities approved by SEBI

As per press release by SEBI, Board approved the proposal to rationalize the existing framework pertaining to reclassification of promoter/ promoter group entities. The proposal includes exemption from existing requirements, in cases of reclassification pursuant to an order of the regulator under any law in line with existing exemption already available to cases of resolution […]

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Applicability, constitution and role of the Risk Management Committee approved by SEBI Board:

SEBI’s Board meeting has approved the applicability, constitution and role of the Risk Management Committee (RMC) of listed entities. After the amendment requirement to constitute the RMC has been extended to the top 1000 listed entities by market capitalization from the existing top 500 listed entities. Further Risk Management Committee shall have a minimum three […]

SEBI (Delisting of Equity Shares) Regulations, 2009 approved:

Board meeting of market regulator, SEBI approved amendments in SEBI (Delisting of Equity Shares) Regulations, 2009. Amendments now require the promoter/acquirer to disclose their intention to delist the company by making an initial public announcement. The Committee of Independent Directors will be required to provide their reasoned recommendations on the proposal for delisting. Further, timelines […]

SEBI’s Board approves several amendments to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Sebi approved formulation of dividend distribution policy by the existing top 500 listed entities has been extended to the top 1000 listed entities on the basis of market capitalisation. Further,  In case of board meetings held for more than one day, the financial results shall be disclosed by listed entities within 30 minutes of end […]