Description:-
Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st of March.
Further, the promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the 31st day of March, in such target company.
The disclosure shall be made to every stock exchange where the shares of the target company are listed and the target company at its registered office.
Format:-
Format of disclosure under Regulation 30(1) & 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Penalty:-
As per SEBI Act, 1992,
Section 15A(1) If any person, who is required under this Act or any rules or regulations made thereunder,
(b) to file any return or furnish any information, books or other documents within the time specified therefor in the regulations, fails to file return or furnish the same within the time specified therefor in the regulations, he shall be liable to a penalty which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees.
Every listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website.
Format: In the format specified in the relevant accounting standards for annual results to the stock exchanges
Penalty: The listed entity or any other person thereof who contravenes any of the provisions of these regulations, shall, in addition be liable for action in terms of the securities laws or the following actions may be taken by the respective stock exchange(s), in the manner specified in circulars or guidelines issued by SEBI:(a)suspension of trading; (b)freezing of promoter/promoter group holding of designated securities; (C) any other action as may be specified by the SEBI from time to time.
Description:-
Listed entities are required to submit Reconciliation of Share Capital Audit Report on a quarterly basis to the stock exchanges audited by a qualified chartered accountant or a practicing company secretary for the purpose of reconciliation of share capital held in depositories and in physical form with the issued / listed capital.
Format:-
As per format available in the website of NSE and BSE
Penalty:-
Any non-compliance by the Issuer Company shall be viewed seriously and suitable action shall be initiated under the Depositories Act, 1996 against the Issuer Company and its Directors As per Section 20 of the Depositories Act, 1996 whoever contravenes or attempts to contravene or abets the contravention of the provisions of the Act or any regulations or bye-laws made thereunder shall be punishable with imprisonment for a term which may extend to ten years, or with fine which may extend to twenty five crore rupees, or with both. Sub-section (1) of Section 21 of the Depositories Act, 1996 provides that where an offence under the Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of the business of the company, as well as the company, shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly.
Description:-
The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, in the format specified by the Board on a quarterly basis, within twenty one days from the end of each quarter
Entities listed on SME exchange can file the shareholding pattern on half yearly basis
Format:-
SEBI Circular No. CIR/CFD/CMD/13/2015
Annexure – I
Penalty:-
Stock Exchange Shall levy Rs. 2,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.
Description:
The listed entity shall file with the recognized stock exchange(s) on a quarterly basis, within twenty one days from the end of each quarter, a statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter.
Format:
No prescribed format.
Penalty:-
Stock Exchange Shall levy Rs. 1,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.
Description:-
The listed entity shall submit to the stock exchange the following statement(s) on a quarterly basis for public issue, rights issue, preferential issue etc. ,- (a) indicating deviations, if any, in the use of proceeds from the objects stated in the offer document or explanatory statement to the notice for the general meeting, as applicable; (b)indicating category wise variation (capital expenditure, sales and marketing, working capital etc.) between projected utilisation of funds made by it in its offer document or explanatory statement to the notice for the general meeting, as applicable and the actual utilisation of funds.
Format:-
No prescribed format.
Penalty:-
Stock Exchange Shall levy Rs.1,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.
Every listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website.
Format: In the format specified in the relevant accounting standards for annual results to the stock exchanges
Penalty: The listed entity or any other person thereof who contravenes any of the provisions of these regulations, shall, in addition be liable for action in terms of the securities laws or the following actions may be taken by the respective stock exchange(s), in the manner specified in circulars or guidelines issued by SEBI:(a)suspension of trading; (b)freezing of promoter/promoter group holding of designated securities; (C) any other action as may be specified by the SEBI from time to time.
Description
The listed entity shall submit a quarterly compliance report on corporate governance in the format as specified by the Board from time to time to the recognised stock exchange(s) within fifteen days from close of the quarter.
This requirement does not apply in respect of : (a) listed entity having paid up equity share capital less than Rs 10 crore and net worth Less than Rs 25 crore, as on the last day of the previous financial year. If the provisions of these regulations becomes applicable to a listed entity at a later date, such listed entity shall comply with the requirements those regulations within six months from the date on which the provisions became applicable to the listed entity. (b) Entity which has listed its specified securities listed on the SME Exchange.
Format:
SEBI Circular No. CIR/CFD/CMD/ 5 /2015
Annexure – I – quarterly basis
Annexure – II – at the end of the financial year
Annexure – III – within six months from end of financial year
Penalty:
Stock Exchange Shall levy Rs. 2,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.
The listed entity shall submit quarterly and year-to-date standalone financial results to the stock exchange within forty-five days of end of each quarter, (other than last quarter) along with Limited Review Report or Audit Report as applicable.
The listed entity shall submit Annual Audited standalone Financial results for the financial year, within sixty days from the end of the financial year along with the audit report and either with Statement on Impact of Audit Qualifications [applicable for audit report with modified opinion(s)] or declaration [applicable for audit reports with unmodified opinion(s)].
Provided that if the listed entity has subsidiaries, it shall, while submitting annual audited standalone financial results also submit annual audited consolidated financial results along with the audit report and Statement on Impact of Audit Qualifications (applicable for audit report with modified opinion). Provided further that, in case of audit reports with unmodified opinion(s), the listed entity shall furnish a declaration to that effect to the Stock Exchange(s) along with the annual audited financial results.
For the purpose of this Financial Result regulations , any reference to “quarterly/quarter” in case of listed entity which has listed their specified securities on SME Exchange shall be respectively read as “half yearly/half year”.
Penalty for Non-submission
Stock Exchange Shall levy Rs. 5,000 per day fine as per SEBI Circular SEBI/HO/CFD/CMD/CIR/P/2018/77 dated 03 May 2018.
Description:-
Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st of March.
Further, the promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the 31st day of March, in such target company.
The disclosure shall be made to every stock exchange where the shares of the target company are listed and the target company at its registered office.
Format:-
Format of disclosure under Regulation 30(1) & 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Penalty:-
As per SEBI Act, 1992,
Section 15A(1) If any person, who is required under this Act or any rules or regulations made thereunder,
(b) to file any return or furnish any information, books or other documents within the time specified therefor in the regulations, fails to file return or furnish the same within the time specified therefor in the regulations, he shall be liable to a penalty which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees.