SEBI promotes standardized reporting
The new standardized file formats, termed “Unified Distilled File Formats (UDiFF)”, which is in conformity with international ISO standards, has been implemented in a phased manner.
Operational Guidelines for Foreign Venture Capital Investors and Designated Depository Participants
hese operational guidelines (“guidelines”) for Foreign Venture Capital Investors (“FVCIs”) and Designated Depository Participants (“DDPs”) are issued to facilitate smooth transition to the amended FVCI regime and operationalisation of the amended provisions of SEBI (Foreign Venture Capital Investors)Regulations, 2024 (FVCI Regulations”).
SEBI has reduced the timeline for listing of debt securities and Non-convertible Redeemable Preference Shares to T+3 working days from existing T + 6 working days
The T+3 timeline for listing shall be appropriately disclosed in the Offer Documents of public issues.
Securities and Exchange Board of India (Delisting of Equity Shares) (Amendment) Regulations, 2024
The amendment provides that when delisting is proposed upon acquisition, acquirer shall open an interest bearing escrow account with a Scheduled Commercial Bank, not later than seven working days from the date of obtaining the shareholders’ approval, and deposit there in an amount equivalent to twenty-five percent of the total consideration.
New Amendments to Van Rules: A Step Toward Sustainable Forest Management
The Ministry of Environment, Forest and Climate Change issued Van (Sanrakshan Evam Samvardhan) Amendment Rules, 2024
BIS Updates: New Specifications for Lacquer and Environmental Testing Released
BIS issued the date of establishment and withdrawal of the Lacquer, Cellulose Nitrate, Pigmented, Fishing, Glossy and other Indian Standards.
Strengthening Industry Standards: BIS Updates for Methanol, Bitumen, and More
In a significant move aimed at enhancing quality and safety across various sectors, the Bureau of Indian Standards (BIS) has announced amendments to several Indian standard
BIS Establishes Updated Standards for Rubber, Packaging, and More
The date of Establishment and date of withdrawal for Indian Standard Particulars include particulars such as Rubber or Plastic Coated Fabrics.
Maharashtra Takes a Stand: New Ordinance to Protect Urban Trees
By enacting this ordinance, the government aims to bolster the existing laws governing tree felling, ensuring that our natural resources are protected.
Polyurethanes (Quality Control) Second Amendment Order, 2024
The original Order was set to come into effect immediately, but this amendment stipulates that the revised provisions will now come into force on March 19, 2025.
