SEBI issues circular on disclosure of shareholding pattern of promoters and promoter group entities.
As per regulation Regulation 31(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”) mandates that all entities falling under promoter and promoter group be disclosed separately in the shareholding pattern on the website of stock exchanges, in accordance with the format(s) specified by the Board.
SEBI revises the procedure for tendering and settlement of shares through stock exchange.
The Details of shares marked as lien in clients’ demat account shall be provided by respective Depositories to Clearing Corporations (CC)
SEBI issues guidelines on issuance of non-convertible debt instruments along with warrants.
SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, governs issue and listing of non-convertible securities, on a recognized stock exchange and provides for Electronic Book Provider platform (EBP platform), offering an efficient and transparent price discovery mechanism.
SEBI directs Depositories to Develop Platform for Security and Covenant Monitoring using Distributed Ledger Technology.
The system shall inter alia capture the process of creation of security (viz. due diligence, charge creation etc.), continuous monitoring of covenants by Debenture Trustees (as applicable), credit rating of the non-convertible securities by the Credit Rating Agencies (CRAs) etc.