Securities and Exchange Board of India (Buy-Back of Securities) (Amendment) Regulations, 2024
The amendment provides that the effect on the price of the equity shares of the company due to material price movement and confirmation of reported event or information may be excluded for determination of the volume weighted average market price and lower end of the price range for buy back offers.
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2024
The amendment provides that the effect on the price of the equity shares of the target company due to material price movement and confirmation of reported event or information may be excluded as per the framework for determination of the offer price under this regulation. Further, the effect on the price of the listed equity shares, which are offered as consideration, due to material price movement and confirmation of reported event or information may be excluded as per the framework for determination of the price of equity shares under this regulation.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2024
The amendment provides that applicability of the provisions of these regulations to a listed entity on the basis of market capitalization shall be determined based on ranking.
Government Extends Deadline for Filing E-Waste Returns
The MoEF&CC has now extended the deadline for registered entities to file quarterly and annual returns on their e-waste management activities. The last date for filing these reports for the 2023-2024 financial year is extended to June 30, 2024.
Deadline Extended for Waste Tyre Reporting
The original deadline for filing these reports for the 2023-2024 financial year was April 30, 2024. Following industry requests, the MoEF&CC has extended this deadline to June 30, 2024. Companies involved in waste tyre management now have an additional two months to submit their reports.
CERC Notifies Annual Escalation Rates For Bid Evaluation And Payment Under Transmission Service Agreement
These rates will be used for determining payments for existing transmission services and for evaluating bids for new transmission projects based on older bidding documents. These rates are determined following the “Tariff-based Competitive Bidding Guidelines for Transmission Service” and relevant Ministry of Power guidelines.
Streamlining the Procedure for Transmission License Granting in Andhra Pradesh
In a bid to enhance efficiency and adapt to contemporary demands in the energy sector, the Andhra Pradesh Electricity Regulatory Commission (APERC) has introduced a new framework for the issuance of transmission licenses.
Facilitating Competitive Transmission Tariffs: Andhra Pradesh’s New Regulatory Framework
In a bid to enhance competition and optimize transmission tariffs for the benefit of consumers, the Andhra Pradesh Electricity Regulatory Commission (APERC) has introduced the Andhra Pradesh Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under Tariff-Based Competitive Bidding) Regulation 2024.
Andhra Pradesh Extends Deadline for March 2024 GSTR-1 Filing
In accordance with the delegated authority conferred by the second proviso, in conjunction with Section 168 of the Andhra Pradesh Goods and Services Tax Act, 2017 (Act No. 16 of 2017), the Government of Andhra Pradesh, upon the counsel of the Goods and Services Tax Council, has introduced a significant amendment to the notification issued in G.O.Ms. No. 126, Revenue (CT-II) Department, dated June 15, 2021.
Navigating the Amendments: Ensuring Safety in Handling Hydrogen
In recent years, there has been a significant push towards the adoption of hydrogen as an alternative fuel source, particularly in the automotive industry. Recognizing the importance of regulating the storage, handling, and dispensing of hydrogen, the Ministry of Commerce and Industry has proposed amendments to the Static and Mobile Pressure Vessels (Unfired) Rules, 2016.
