SEBI directions to NCDEX in respect of trading in Chana contracts
SEBI clarifies that no new Chana contract shall be launched till further orders, no new position will be allowed to be taken and only squaring up of position will be allowed.
The Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The provisions pertaining to preferential issues as specified in the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 shall not be applicable in case of a company issuing new shares in pursuance and compliance of these regulations except wherever specifically provided for in these regulations.
Clarification regarding System driven disclosures for Continual Disclosures under SEBI PIT Regulations
It is clarified that for listed companies who have complied with requirements of the circular dated September 09, 2020, the manual filing of disclosures as required under PIT Regulations is no longer mandatory.
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2021
The amendment has also omitted the requirement for any person who acquires equity shares or voting rights, in a recognized stock exchange or recognized clearing corporation to exercise any voting rights in the range of two percent to five percent, shall seek approval of the Board within fifteen days of such acquisition.
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.
Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2021
The amendment clarifies that Un-invested portion of the investable funds and divestment proceeds pending distribution to investors may be invested in liquid mutual funds or bank deposits or other liquid assets of higher quality such as Treasury bills, Triparty Repo Dealing and Settlement, Commercial Papers, Certificates of Deposits, etc. till the deployment of funds as per the investment objective or the distribution of the funds to investors as per the terms of the fund documents.
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2021
The names and registered office address of all the group companies shall be disclosed in the Offer Document by the entity issuing listed securities. The offer document shall refer the website where the details of the group companies shall be available.
The Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
No issuer shall make a public issue of debt securities and/or non-convertible redeemable preference shares unless a draft offer document has been filed with all the stock exchanges on which such securities are proposed to be listed, through the lead manager.
