Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2023
The amendment mandates that in case of any direct or indirect change in structure or common ownership or control of the foreign portfolio investor or investor group, it shall, as soon as possible but not later than seven working days, bring the same to the notice of its designated depository participant.
Additional affirmations to be submitted by Practicing Company Secretaries (PCS) in Annual Secretarial Compliance Report (ASCR)
NSE issues Revised Annual Secretarial Compliance Report (ASCR) format.
BSE notifies Additional affirmations by Practicing Company Secretaries in Annual Secretarial Compliance Report
Based on various discussions with SEBI, it has now prescribed for additional affirmations to be provided while submitting the ASCR. Further, Additional columns have been inserted in the format of ASCR. This notification will be effective from the financial year ending on March 31, 2023, onwards.
BSE publishes Master Circular on IT
The Master Circular in respect of IT has been prepared in order to enable the Market Participants to have an access to all the applicable circulars/communications at one place. This Master Circular is a compilation of the circulars/communications issued by BSE up to March 2023. It shall supersede previous circulars / directions.
BSE clarification regarding Manner of filing financial results as required under regulation 33 of SEBI (LODR) Regulations, 2015
Listed entities are requested to note that the PDF of outcome of board meeting held to consider and approve financial results must only include financial results, Auditor’s report and other statements as prescribed under Regulation 33, Part A of Schedule IV of the regulation and related circulars.
NSE Indices launches Nifty SDL Jul 2028 Index
The Nifty SDL Jul 2028 Index follows a target maturity structure with maturity date of 31st July, 2028. The index measures the performance of portfolio of 12 State Development Loans (SDLs) maturing during the twelve month period ending on 31st July, 2028.
NSE carries out Periodic Relaxation Surveillance of Graded Surveillance Measures
To assess relaxation of surveillance actions, a periodic review of securities under GSM was carried out. This review was carried out in coordination with other exchanges. Based on this review, securities specified in the Annexure of the present circular will move to lower stages of GSM framework from 15th March, 2023.
SEBI clarifies on Qualified RTAs
An RTA shall be categorized as a QRTA if at any time during a financial year, the combined number of physical and demat folios being serviced by the RTA for listed companies exceeds 2 crore. In case of an RTA being categorized as a QRTA, an intimation to this effect shall be sent by the RTA within 5 working days to SEBI.
NSE directs Stock Brokers/Depository Participants to Maintain Daily Reconciliation Statement
NSE has reiterated that the members shall maintain the reconciliation statement on a daily basis and provide the same as and when sought by the relevant authority.
NSE clarifies on the applicability of Additional Surveillance Measures for Companies
he Circular instructs trading members to note that from 10th March, 2023, the securities in Annexure I have satisfied the criteria under ASM for companies as per IBC.
